Corporate publications
As a public, government-owned utility, we’re committed to transparency and accountability to all Manitobans. Our high-level corporate publications are issued monthly, quarterly, or annually and reflect how we do business in the province. Here you’ll find our annual and quarterly reports, our Environmental Social Governance report, and our annual Enterprise Plan, along with other publications.
Strategically adapting to our changing future
Learn more about our vision for the future.
- 2023–2024 Enterprise Plan (PDF, 6.4 MB)
- Strategy 2040: Our vision to provide you energy for life (PDF, 4.5 MB)
Documents
- 2023 Public Sector Compensation Disclosure Report (PDF, 967 KB)
- 2021–2022 Manitoba Hydro Annual Business Plan (PDF, 704 KB)
- How we do business: Manitoba Hydro’s Code of Conduct (PDF, 2.9 MB)
- 2023-24 Manitoba Hydro Supply Chain Report (PDF, 1.8 MB)
Annual Report 2023–24
Planning for a strong energy future: 2023–2024 Annual Report
The 73nd Annual Report of the Manitoba Hydro-Electric Board, for the year ending March 31, 2024, is available to view, print, or save.
- View the 2023–24 Annual Report (PDF, 9.9 MB)
Corporate highlights
TOTAL DOMESTIC REVENUE
(electric and gas)
$2.35
billionEXPORT REVENUE
$872
millionTOTAL DEBT
$24.75
billionTOTAL ASSETS
$31.53
billionNET INCOME (loss)
attributed to Manitoba Hydro
($157)
millionOUR SERVICE AREA
650,000 km2
NUMBER OF ELECTRIC CUSTOMERS
624,062
KILOMETRES OF TRANSMISSION LINES
~14,000
KILOMETRES OF DISTRIBUTION LINES
~76,000
TOTAL ELECTRICITY CAPABILITY
6,121 MW
NUMBER OF NATURAL GAS CUSTOMERS
298,639
KILOMETRES OF NATURAL GAS MAIN LINES
~11,000
NUMBER OF COMMUNITIES WITH NATURAL GAS SERVICE
135
TOTAL NUMBER OF FULL-TIME EQUIVALENT EMPLOYEES
5,362
Environmental, social, and governance
2022–2023 Environmental, Social, and Governance (ESG) Report
The Environmental, Social, and Governance Report, for the year ending March 31, 2023, is available to view, print, or save.
- View the 2022–2023 ESG Report (PDF, 7.4 MB)
- View the 2022–2023 Highlights (PDF, 1.3 MB)
Covering the fiscal year to March 31, 2023, our ESG report demonstrates how we, as an organization, conduct our relationships and our work with the utmost integrity, care, and respect for our customers and community.
The report shares our employees’ achievements and the activities underway to protect our environment and address climate change, further our province’s economic and social growth, and support the communities in which we live and work.
Annually sharing these highlights of how we deliver over and above our regulatory requirements helps us better track our progress toward a legacy of doing right by our customers, our province and our world.
You can also read more about how we do that every day in our featured articles.
Highlights 2022—2023
Ethical. Accountable. Transparent.
- 99% of employees completed ethics training.
For Manitobans, by Manitobans
-
Manitoba Hydro named one of Canada’s Top Employers for Young People for 2023
-
Women make an impact at Manitoba Hydro, including construction and trades
-
Reconnecting with farmers at Manitoba Ag Days
- 83% of residential customers reported they are satisfied with Manitoba Hydro’s overall service.
- 93% of customers satisfied with field service.
- 79% of residential customers are satisfied with Manitoba Hydro’s Safety Education.
- 1,102 loans representing $4.32 million provided in financing to our customers through our Energy Finance Plan.
- 3,486 loans worth $17.59 million for qualifying upgrades provided to customers under our Home Energy Efficiency Loan.
- 73,368 line locates performed from requests received from Click Before you Dig MB.
- 7,383 students across 126 schools reached province-wide with safety messaging.
- $101,000 provided in scholarships and bursaries to students across Manitoba.
- Over $450,000 contributed in sponsorships of events and activities across Manitoba.
- $13,250 donated to 20 employee-championed events and $4,000 to 13 volunteer grants.
- Over $1,000,000 in combined employee and corporate payroll donations.
Care, responsibility and protection for the environment
-
Celebrate Earth Day by going paperless
-
We asked you about future energy choices — here’s what you said
- Over 600 employees participated in the national Commuter Challenge, winning Manitoba Hydro a gold in the 3000+ employees category.
- Our total greenhouse gas (GHG) emissions: 0.10 megatonnes (less than 0.12 if national electrical generation).
- 8 megatonnes of GHG emissions avoided through net exports.
- 65 metric tons of paper recycled through our Official Records Destruction, Confidential Shredding and T.R.I.M programs.
- Over 84.33 metric tons of industrial non-hazardous materials were recycled.
- Over 64,000 litres of waste oil was collected and recycled.
Financial
We issue reports on our operations and finances.
Annual reports
Our annual report covers the corporate fiscal reporting year of April 1 to March 31 and is issued to the utility’s shareholders, the people of Manitoba.
- “Planning for a strong energy future”, our annual report for the fiscal year ended March 31, 2024
- “Energy for Life”, our annual report for the fiscal year ended March 31, 2023 (PDF, 6.6 MB)
- “Turning vision into action”, our annual report for the fiscal year ended March 31, 2022 (PDF, 3.1 MB)
Quarterly reports
A quarterly report updates our financial picture at the end of 3, 6, and 9 months to supplement financial information found in the annual report.
- 2024 First Quarterly Report (PDF, 6.2 MB)
for the 3 months ended June 30, 2024 - 2023 Third Quarterly Report (PDF, 615 KB)
for the 9 months ended December 31, 2023 - 2023 Second Quarterly Report (PDF, 911 KB)
for the 6 months ended September 30, 2023 - 2023 First Quarterly Report (PDF, 652 KB)
for the 3 months ended June 30, 2023 - 2022 Third Quarterly Report (PDF, 341 KB)
for the 9 months ended December 31, 2022 - 2022 Second Quarterly Report (PDF, 588 KB)
for the 6 months ended September 30, 2022 - 2022 First Quarterly Report (PDF, 649 KB)
for the 3 months ended June 30, 2022 - 2021 Third Quarterly Report (PDF, 1.2 MB)
for the 9 months ended December 31, 2021 - 2021 Second Quarterly Report (PDF, 832 KB)
for the 6 months ended September 30, 2021 - 2021 First Quarterly Report (PDF, 272 KB)
for the 3 months ended June 30, 2021 - 2020 Third Quarterly Report (PDF, 276 KB)
for the 9 months ended December 31, 2020 - 2020 Second Quarterly Report (PDF, 312 KB)
for the 6 months ended September 30, 2020 - 2020 First Quarterly Report (PDF, 586 KB)
for the 3 months ended June 30, 2020
Certain documents on this page were published before changes to provincial and federal laws about accessibility and environmental claims. We are doing an ongoing, but not completed, review to determine whether these documents, and any claims made in them, comply with the new legislative requirements.