Ontario Power Generation - Finances

Finances

The financial situation at Ontario Power Generation has improved significantly since 2003. Its profits for 2005 were $366 million, and its credit rating was upgraded. In July 2006, Liberal Energy Minister Dwight Duncan described OPG's turnaround as "ne of the untold stories of the last two years"

On the local public relations side, OPG has won many awards for its performance as a "good corporate citizen". Most recently, OPG was named "Business of the Year" by the Kincardine and District Chamber of Commerce. OPG regularly sponsors community events and houses wildlife trails in the exclusion zones around its reactors. The company's annual employee charity campaign has raised millions of dollars for charities across Ontario. In October 2008, OPG was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in Maclean's newsmagazine. Later that month, OPG was also named one of Greater Toronto's Top Employers, which was announced by the Toronto Star newspaper.

OPG regularly reports on its operational, safety and environmental record. The company publishes semi-annual Performance Reports summarizing its performance in these areas.

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