On September 1, 2000 Lakeland Holding and its subsidiaries became incorporated companies by merging the hydro assets of the following municipalities: Bracebridge, Huntsville, Burk’s Falls, Sunridge and Magnetawan. In July 2014, Lakeland Power merged with Parry Sound Power.
Lakeland Holding has the following subsidiary companies:
Electricity Distribution of
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WATERPOWER GENERATING PLANTS IN 6 WATERSHEDS FROM BANCROFT TO PARRY SOUND.
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A new division of Lakeland Holding Ltd., Lakeland Solutions is dedicated to furthering electricity innovation. From smart homes to grid developments and developing energy markets, Lakeland Solutions is changing the way we view power.
Past & Present
Before the year 2000, each municipality had its own not for profit hydro-electric commission. As there were approximately 320 hydro-electric commissions at this time, the ruling Provincial Conservative Government introduced the Electricity Act so that Hydro companies became incorporated companies, which would lead to mergers and sales and drive efficiency in the system.
Today there are approximately 65 hydro distribution companies, with Lakeland Power being one.
