As the full impacts of COVID-19 become clear, governments, industry, and individuals will be taking action to kick-start Ontario’s economy. Hydro One says it will support the economic rebound by investing in infrastructure and buying local. In 2019, the company contributed $1.5 billion to the economy by purchasing goods and services, with $41.3 million going to Indigenous businesses.
“We have a responsibility to unlock the potential of the Indigenous economy through partnerships, procurement, employment, and community investment,” says Jason Fitzsimmons, Chief Corporate Affairs and Customer Care Officer, Hydro One.
Last year, Hydro One partnered with Six Nations of the Grand River Development Corporation and Mississaugas of the Credit First Nation to finish the Niagara Reinforcement Project. This 76-kilometre transmission line will deliver economic value to the people of Ontario, while flowing long-term benefits to local First Nation communities.
We have a responsibility to unlock the potential of the Indigenous economy through partnerships, procurement, employment, and community investment.Jason Fitzsimmons, Chief Corporate Affairs and Customer Care Officer, Hydro One
Hydro One also hosted an Indigenous Business Fair and created an Indigenous Business Directory to make it easier to buy locally. To help with cash flow during this unprecedented time, the company is fast-tracking payments to small, medium, and Indigenous suppliers.
“Now more than ever, we are here to support and champion Indigenous customers, businesses, and communities,” says Fitzsimmons. “We must also ensure our talent better reflects the world around us through scholarships, training, and recruitment opportunities.”
As the province reignites its economic engines, Hydro One will be working alongside Indigenous communities to build a better, brighter future for Ontario.