Questions and Comments

Question / Comment:

Guelph will not be an equal in this. I'm worried the merger promises local jobs now, but over time jobs will leave Guelph to maximize returns for the larger partners.

Response:

Alectra is owned by 5 municipal holding company’s and no shareholder owns a majority. Alectra treats all partners with fairness.

Guelph may be among the smaller partners in the merged company. Guelph would share decision-making authority with other partners, and minority shareholder protections would be included in the shareholder agreement.

Share this question: