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Hydro reports $446-M loss in 2025-26, points to fourth drought year in past five

Manitoba Hydro posted a $446-million loss in 2025-26, as drought conditions slashed hydroelectric generation, forcing the Crown corporation to buy more power while leaving it with less electricity to sell outside the province.

The loss was $666 million worse than the $220-million profit Hydro had budgeted. The utility posted a $63-million loss the previous year, according to the utility’s annual report released Tuesday.

Hydro said the 2025-26 fiscal year, which ended on March 31, marked its fourth low-water year in the past five years, among the worst stretches of water-flow conditions in its recorded history.

Hydroelectric generation fell 23 per cent to 24 billion kilowatt-hours from 31 billion the previous year, leaving Hydro a net importer of electricity.

Jets defenceman spent whole summer working on getting to the next level

Tyrel Bauer makes no apologies for the pugilistic piece of his path.

The Winnipeg Jets defenceman is ready to drop the gloves and throw down when the situation calls for it and he takes great pride in protecting his teammates.

It’s a big part of the reason Bauer will be among the 23 players submitted by the Jets on the opening-day roster on Monday.

“I’ve fought and clawed, both metaphorically and literally and now I just want to show that I can play as well,” Bauer said during a chat with the Free Press during training camp. “(Toughness) is always something that I have, it’s always something in my back pocket and something that I take a lot of pride in doing, for my teammates, for the city and the people who invest in this hockey club. That will never change.

Kinew adds cabinet portfolio to focus on first responders

Premier Wab Kinew shuffled his cabinet Monday and created a new ministerial position that will oversee first responders in the province.

Kinew appointed David Pankratz, the MLA for Waverley, as minister responsible for first responder initiatives.

Tuxedo MLA Carla Compton was appointed minister responsible for accessibility, taking over the role from Families Minister Nahanni Fontaine.

The new ministers were sworn in at a ceremony at the legislature Monday afternoon.

Now-independent ex-Tory leader skips legislature’s first question period in four months

Crime rates, the cost of living and the state of health care were on the agenda Tuesday when the legislature’s fall sitting began a day after Obby Khan’s abrupt resignation from the Tory caucus.

What does the PC stand for in party’s name? Seems to be Pretty Confused

It should have been obvious from the beginning that the Manitoba Progressive Conservative party was going to have trouble holding itself together under Obby Khan.

Canada resorting to its tried and true playbook

In 1846, Britain faced an emergency influenced by the Irish famine, so leaders repealed the country’s “Corn Laws” and restrictions on imported food and grain, transitioning to a system of free trade.

This created a crisis in the then Province of Canada, which had relied on British “preferential” status to prop up its agricultural and resource industries.

As a result, Canada looked south for new markets and eventually negotiated a free trade agreement with the United States.

This required land to be acquired and converted for industrial use quickly, so Canada quickly dispatched Commissioner William Robinson to negotiate with Indigenous communities along Lake Huron and Lake Superior for land.