What to watch for on August 23, 2024?

The state-owned company will hold a virtual conference in the morning to discuss the financial results for the first half of the year.

The 1er Last August, Hydro-Québec announced its intention to increase electricity rates by 3.9% for businesses in 2025, in addition to limiting the increase in residential rates to 3%, in accordance with the wishes of the Legault government.

This announcement followed a relatively negative report published a few months earlier, in February, in which Hydro-Québec revealed that its net profit and the dividend paid to the Quebec government had fallen by more than a quarter in 2023.

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