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flag Manitoba Hydro faces a $464M loss in 2025-26 due to drought, driving rate hikes and expansion plans.

flag Manitoba Hydro faces a projected $464 million loss in 2025-26 due to drought reducing hydroelectric generation, with debt at $25.3 billion and 30% of revenue going toward interest. flag The utility is advancing a $7-billion plan to expand generation, including 600 megawatts from Indigenous-owned wind farms, upgrading transmission systems, and replacing outdated technology at a cost of up to $193 million. flag A 4% rate increase took effect January 1, with further hikes under review, and time-of-use pricing is being considered based on public support. flag A planned outage for repairs was completed, and officials stress proactive maintenance to ensure reliability.

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