Newsroom
PETERBOROUGH, ON, October 15, 2021 – Today, Hydro One announced its support for KidSport Ontario, a provincial charitable organization that helps children and youth aged 18 and under who are experiencing financial hardships. Hydro One’s support will give more than 150 children and youth the opportunity to participate in sport programs by providing financial assistance for registration fees and equipment in the communities of Peterborough, Lakefield and Norwood.
A survey by Imagine Canada1 found that COVID-19 has delivered a double hit to the charitable sector with more than two-thirds (68 per cent) of charities reporting a drop in donations at the same time as nearly half (46 per cent) are reporting an increase in demand.
“As a committed member of the Peterborough, Lakefield and Norwood communities, Hydro One is providing access to local sport programs and helping young athletes maintain their mental and physical well-being,” said Jay Armitage, Vice President, Marketing and Communications, Hydro One. “Especially during this challenging time, sports play a critical role in building resilience, confidence and leadership skills in young athletes on the field and in the community.”
“KidSport Ontario is committed to ensuring all kids have access to organized sport, and are immensely grateful for the contribution from Hydro One,” said Sara Restani, Program Manager, KidSport Ontario. “Now more than ever, donations like this are needed to bring more kids off the sidelines to experience all the incredible benefits sport has to offer. Through sport, we will build stronger, more vibrant communities across the province.”
"The City of Peterborough is grateful for Hydro One's ongoing investment in our community,” said Peterborough Mayor, Diane Therrien. “KidSport is a fantastic organization, and access to sports programs is especially important in these pandemic times. Being physically active and part of a sports community helps not just physical health, but mental health as well."
“Support for organizations who work hard to make our community better is critical,” said Selwyn Township Mayor, Andy Mitchell. “During this challenging time, Hydro One’s donation will make participation in sports a possibility for additional kids and youth in Selwyn Township.”
“Hydro One’s contribution to KidSport will go a long way in supporting children in our community who wish to participate in their favourite sport,” said Asphodel-Norwood Mayor, Rodger Bonneau. “KidSport is a dedicated organization that works hard to alleviate the financial burden of registering for organized sports, and the benefit of this partnership will be felt throughout the community of Asphodel-Norwood.”
“Hydro One is again demonstrating its ongoing commitment to our community by investing in KidSport. The value of offering a hand-up to kids and their parents so that they can participate in sports is priceless; teaching them teamwork and commitment while supporting physical and mental health,” said Dave Smith, MPP, Peterborough—Kawartha. “My thanks to everyone at Hydro One and their team for investing in our youth and building a healthier, more inclusive community.”
“Youth sports are an important pillar of our communities and it is vital that they are accessible to all,” said David Piccini, MPP, Northumberland—Peterborough South. “Hydro One’s generous donation to youth in our community will get young people off the sidelines and start playing with their friends. Through the great work of organizations such as KidSport we can ensure that all children who wish to participate are given access and the support they need.”
In preparation for fall and winter sport enrollment, KidSport will be launching their annual Give the Gift of Sport campaign, a national effort focused on providing the gift of a season of sport to children in local communities. To donate to KidSport Ontario or one of its 16 local community chapters, visit: https://kidsportcanada.ca/ontario/donate/.
Hydro One officially joined the communities of Peterborough, Lakefield and Norwood in June, and has provided support through its Building Safe Communities initiative in 2021 to the following organizations:
- Riverview Park and Zoo by providing funding to ensure a continued safe work environment for zoo staff and animals in its care, and to help prepare the site to safely welcome visitors back.
- Kawartha Food Share by providing funding to support the fight against hunger, as support tends to decrease during the summer months and need has remained the same.
- KidSport by providing funding that will benefit more than 150 children and youth with access to quality sport programs, through financial assistance for registration and equipment fees.
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Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with approximately 1.4 million valued customers, approximately $30.3 billion in assets as at December 31, 2020, and annual revenues in 2020 of approximately $7.3 billion.
Our team of approximately 8,700 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2020, Hydro One invested approximately $1.9 billion in its transmission and distribution networks, and supported the economy through buying approximately $1.7 billion of goods and services.
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