Questions and Comments

Question / Comment:

The City doesn't invest in Guelph Hydro, but it receives dividend payments. How much money has the City received how was it spent?

Response:

The City has received a total of $24,864,609.50 in dividends from Guelph Hydro.

The dividends are not allocated to specific projects. The funds are combined with other sources of revenue to fund all kinds of City infrastructure, programs and services.

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