Business
Second major outage in 3 weeks raises questions about Hydro-Québec’s reliability
“What we saw today is the kind of outage that shouldn’t happen,” an electrical engineering expert said Tuesday. At the height of the blackout, 150,000 of Montreal Island’s one million homes were without power.
This month, an ice storm left hundreds of thousands of homes without electricity for days. A week later, pro-Russian hackers paralyzed Hydro-Québec’s website. On Saturday, thousands of West Island homes faced another power failure.
On Tuesday, for many, the power went out just after noon. At the height of the outage, 150,000 of Montreal Island’s one million customers were affected.
Montreal and the South Shore were the hardest hit, with Laval, the Laurentians and Lanaudière also widely affected.
Power was gradually restored over the following hours. At 5 p.m., Hydro-Québec said all homes affected by the outage had electricity.
“The loss of generation from some units at Churchill Falls triggered protective mechanisms on our high-voltage transmission system, resulting in a power outage affecting approximately 490,000 customers,” the utility said.
Churchill Falls is majority owned by Newfoundland and Labrador Hydro, with Hydro-Québec owning 34 per cent of the operation.
In a statement, N.L. Hydro took the blame. “During maintenance this afternoon, an issue at Churchill Falls resulted in a loss of supply affecting customers in Quebec,” the utility said. “All units are back online. The incident is under investigation.”
Hydro-Québec’s distribution network has seen its reliability deteriorate in recent years, according to an auditor general’s report.
The number of customers whose service was interrupted by a normalized outage in the medium-voltage system, which includes outages caused by equipment failure and the impact of vegetation, jumped 70 per cent over a decade to 8.2 million in 2021. This outstripped a nine per cent climb in the number of Hydro-Québec clients.
Outages represent significant costs for Hydro-Québec. From 2016 to 2021, the company spent $144 million to $202 million per year on corrective maintenance work following breakdowns.
In response to this deterioration, Hydro-Québec launched an outage reduction plan in 2020 that was initially estimated to cost $800 million to implement. A year later, it revised the cost estimate by 43 per cent, to $1.14 billion.
“What we saw today is the kind of outage that shouldn’t happen,” said François Bouffard, an associate professor at McGill University’s department of electrical and computer engineering.
“Hydro-Québec does have some control over the Churchill Falls station because they are its lone client, so they have a certain part of responsibility. The fact that almost everyone got their power back within a few hours shows that the contingency plans worked. The main question that remains unanswered is whether the network reacted well following the failure. That will need to be analyzed.”
“I have little information about what’s happening right now,” Legault said at 2 p.m.
“What they tell me is that it has nothing to do with what happened a couple of weeks ago. It’s about the production — maybe from Churchill Falls — so I really want to have more information before answering your question.”
Energy Minister Pierre Fitzgibbon said the blackout was not caused by hackers. He said it was unclear why six turbines stopped working at Churchill Falls.
A hydroelectric deal that Quebec signed with Newfoundland and Labrador in 1969 allows Hydro-Québec 85 per cent of the electricity generated by the Labrador dam, meaning Quebec makes most of the profit.
In February, Legault said Quebec is ready to pay more for electricity from Churchill Falls in exchange for a “very advantageous price” for power once the agreement expires in 18 years.
On Twitter Tuesday, angry Quebecers peppered the utility with questions and complaints.
In some cases, Hydro pushed back.
“Who are the clowns in charge? Will the incompetents in their ivory tower be held accountable for their mistakes?” one user asked.
Hydro shot back: “Are you talking about the people in Churchill Falls?”
Another said: “Ice, no ice. Good, bad weather. We always have breakdowns!”
The utility responded: “Did you take the time to read our tweet to understand what happened?”
Business
Stop Asking Your Interviewer Cliché Questions
Most job search advice is cookie-cutter. The advice you’re following is almost certainly the same advice other job seekers follow, making you just another candidate following the same script.
In today’s hyper-competitive job market, standing out is critical, a challenge most job seekers struggle with. Instead of relying on generic questions recommended by self-proclaimed career coaches, which often lead to a forgettable interview, ask unique, thought-provoking questions that’ll spark engaging conversations and leave a lasting impression.
English philosopher Francis Bacon once said, “A prudent question is one half of wisdom.”
The questions you ask convey the following:
- Your level of interest in the company and the role.
- Contributing to your employer’s success is essential.
- You desire a cultural fit.
Here are the top four questions experts recommend candidates ask; hence, they’ve become cliché questions you should avoid asking:
- “What are the key responsibilities of this position?”
Most likely, the job description answers this question. Therefore, asking this question indicates you didn’t read the job description. If you require clarification, ask, “How many outbound calls will I be required to make daily?” “What will be my monthly revenue target?”
- “What does a typical day look like?”
Although it’s important to understand day-to-day expectations, this question tends to elicit vague responses and rarely leads to a deeper conversation. Don’t focus on what your day will look like; instead, focus on being clear on the results you need to deliver. Nobody I know has ever been fired for not following a “typical day.” However, I know several people who were fired for failing to meet expectations. Before accepting a job offer, ensure you’re capable of meeting the employer’s expectations.
- “How would you describe the company culture?”
Asking this question screams, “I read somewhere to ask this question.” There are much better ways to research a company’s culture, such as speaking to current and former employees, reading online reviews and news articles. Furthermore, since your interviewer works for the company, they’re presumably comfortable with the culture. Do you expect your interviewer to give you the brutal truth? “Be careful of Craig; get on his bad side, and he’ll make your life miserable.” “Bob is close to retirement. I give him lots of slack, which the rest of the team needs to pick up.”
Truism: No matter how much due diligence you do, only when you start working for the employer will you experience and, therefore, know their culture firsthand.
- “What opportunities are there for professional development?”
When asked this question, I immediately think the candidate cares more about gaining than contributing, a showstopper. Managing your career is your responsibility, not your employer’s.
Cliché questions don’t impress hiring managers, nor will they differentiate you from your competition. To transform your interaction with your interviewer from a Q&A session into a dynamic discussion, ask unique, insightful questions.
Here are my four go-to questions—I have many more—to accomplish this:
- “Describe your management style. How will you manage me?”
This question gives your interviewer the opportunity to talk about themselves, which we all love doing. As well, being in sync with my boss is extremely important to me. The management style of who’ll be my boss is a determining factor in whether or not I’ll accept the job.
- “What is the one thing I should never do that’ll piss you off and possibly damage our working relationship beyond repair?”
This question also allows me to determine whether I and my to-be boss would be in sync. Sometimes I ask, “What are your pet peeves?”
- “When I join the team, what would be the most important contribution you’d want to see from me in the first six months?”
Setting myself up for failure is the last thing I want. As I mentioned, focus on the results you need to produce and timelines. How realistic are the expectations? It’s never about the question; it’s about what you want to know. It’s important to know whether you’ll be able to meet or even exceed your new boss’s expectations.
- “If I wanted to sell you on an idea or suggestion, what do you need to know?”
Years ago, a candidate asked me this question. I was impressed he wasn’t looking just to put in time; he was looking for how he could be a contributing employee. Every time I ask this question, it leads to an in-depth discussion.
Other questions I’ve asked:
- “What keeps you up at night?”
- “If you were to leave this company, who would follow?”
- “How do you handle an employee making a mistake?”
- “If you were to give a Ted Talk, what topic would you talk about?”
- “What are three highly valued skills at [company] that I should master to advance?”
- “What are the informal expectations of the role?”
- “What is one misconception people have about you [or the company]?”
Your questions reveal a great deal about your motivations, drive to make a meaningful impact on the business, and a chance to morph the questioning into a conversation. Cliché questions don’t lead to meaningful discussions, whereas unique, thought-provoking questions do and, in turn, make you memorable.
_____________________________________________________________________
Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.
Business
Canadian Natural Resources reports $2.27-billion third-quarter profit
CALGARY – Canadian Natural Resources Ltd. reported a third-quarter profit of $2.27 billion, down from $2.34 billion in the same quarter last year.
The company says the profit amounted to $1.06 per diluted share for the quarter that ended Sept. 30 compared with $1.06 per diluted share a year earlier.
Product sales totalled $10.40 billion, down from $11.76 billion in the same quarter last year.
Daily production for the quarter averaged 1,363,086 barrels of oil equivalent per day, down from 1,393,614 a year ago.
On an adjusted basis, Canadian Natural says it earned 97 cents per diluted share for the quarter, down from an adjusted profit of $1.30 per diluted share in the same quarter last year.
The average analyst estimate had been for a profit of 90 cents per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Oct. 31, 2024.
Companies in this story: (TSX:CNQ)
The Canadian Press. All rights reserved.
Business
Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago
CALGARY – Cenovus Energy Inc. reported its third-quarter profit fell compared with a year as its revenue edged lower.
The company says it earned $820 million or 42 cents per diluted share for the quarter ended Sept. 30, down from $1.86 billion or 97 cents per diluted share a year earlier.
Revenue for the quarter totalled $14.25 billion, down from $14.58 billion in the same quarter last year.
Total upstream production in the quarter amounted to 771,300 barrels of oil equivalent per day, down from 797,000 a year earlier.
Total downstream throughput was 642,900 barrels per day compared with 664,300 in the same quarter last year.
On an adjusted basis, Cenovus says its funds flow amounted to $1.05 per diluted share in its latest quarter, down from adjusted funds flow of $1.81 per diluted share a year earlier.
This report by The Canadian Press was first published Oct. 31, 2024.
Companies in this story: (TSX:CVE)
The Canadian Press. All rights reserved.
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