Month: June 2025

Nova Scotia Power says former customers also impacted by breach, extends credit monitoring | CTV News

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Nova Scotia Power says it appears the hackers behind a recent cybersecurity breach also accessed the personal information of former customers. As a result, the utility is now offering five years of free credit monitoring to all customers – both past and present – whether or not they received a letter about the cybersecurity breach. “We have determined through our investigation that the personal information of former customers was also accessed on or around March 19, 2025, and later taken by an unauthorized third party, in addition to the personal…

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Nova Scotia Power to challenge $10M penalty at public hearing | CBC News

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Two years after the Nova Scotia government slapped Nova Scotia Power with a $10-million fine for failing to meet renewable energy targets, the utility is poised to argue in a public hearing that it shouldn’t have to pay. Lawyers for Nova Scotia Power will appear before the Nova Scotia Energy Board this week in a hearing that’s expected to last several days. They’ll try to convince the board that the utility should not be punished for missing the legislated target because it did all it could to meet it. Read…

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Nearly half of national public pension plan is invested in U.S. — and only 12% in Canada | CBC News

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As a former top Finance Department official, Susan Peterson played a key role years ago in creating the stable Canada Pension Plan that we see today. But even she was surprised by the numbers. A few weeks ago, the Canada Pension Plan Investment Board (CPPIB) revealed that 12 per cent of the CPP’s assets are invested in Canada — its lowest level ever. The largest chunk of its $714-billion fund, 47 per cent, is currently invested in the United States — its highest level ever. Read full story here: Nearly…

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Nova Scotia Power resumes billing customers after ransomware attack | CBC News

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Nova Scotia Power has resumed billing customers after a ransomware attack brought some of the utility’s systems to a halt in April. The company has reopened MyAccount, the online system customers use to view and pay their bills. However, the power usage noted on the bills will be estimated until Nova Scotia Power is fully able to restore its systems. The utility says meters are still accurately recording power use, but the company is not able to retrieve the information from meters and apply it to bills. Read full story…

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