Topic:"Regulatory Oversight" in M12779

Basis for opinion We conducted our audit in accordance with Canadian generally accepted auditing standards. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Consolidate...

AI summary The audit was conducted in accordance with Canadian generally accepted auditing standards, emphasizing auditor independence and the sufficiency of audit evidence obtained to form an opinion on the consolidated financial statements.

Nature of Operations NSP Maritime Link Inc. ("NSPML" or the "Company"), is indirectly wholly owned by Emera Inc. ("Emera"). Emera is an energy and services company headquartered in Halifax, Nova Scotia, whose shares are publicly traded on...

AI summary NSP Maritime Link Inc. is a subsidiary of Emera Inc., operating under the Maritime Link Act and the Public Utilities Act of Nova Scotia. The company is responsible for the Maritime Link Project, a $1.8 billion transmission project connecting Newfoundland and Labrador to Nova Scotia. The project includes subsea and overhead transmission lines and is regulated by the Nova Scotia Energy Board under a cost-of-service model with a target return on equity range of 8.75% to 9.25%.

IN THE MATTER OF The Public Utilities Act, R.S.N.S 1989, c. 380, as amended and The Maritime Link Act, S.N.S 2012 c.9 and the Maritime Link Cost Recovery Process Regulations, N.S. Reg. 189/2012

AI summary A regulatory proceeding under the Public Utilities Act, Maritime Link Act, and Maritime Link Cost Recovery Process Regulations. The proceeding involves legal frameworks governing utility regulation and cost recovery mechanisms for the Maritime Link project in Nova Scotia.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: ANNUAL REPORTING by NSP MARITIME LINK INC. (NSPML) : Related to the 2025 Cost Containment Report INFORMATION REQUESTS To: NSP Maritime Link Incor...

AI summary The Nova Scotia Energy Board has issued an information request to NSP Maritime Link Inc. regarding their 2025 Cost Containment Report, with responses due by May 25, 2026. The request is part of proceedings under the Public Utilities Act, with contact details provided for both the Board and NSPML.