Manitoba Hydro Board Chairman Unexpectedly Steps Down

The chairman of the Manitoba Hydro board has unexpectedly stepped down. Ben Graham’s resignation surprised many, coming just two years after his appointment. The provincial government confirmed his departure, which took place late last week.

Ben Graham’s Background

Appointed in 2023, Graham was seen as a crucial asset for the New Democratic Party (NDP) and Premier Wab Kinew. Before leading Manitoba Hydro, he served as president and CEO of Manitoba Public Insurance. Graham was noted for his forthright approach and his role in stabilizing Hydro following the previous Progressive Conservative administration.

Reasons for Resignation

In his resignation letter to Kinew and Finance Minister Adrien Sala, Graham expressed mixed feelings. He acknowledged the board’s accomplishments, stating that it was a “bittersweet” moment for him. However, he cited the increasing demands of his job at Manitoba Blue Cross as the primary reason for his decision.

Recognitions and Support

Adrien Sala thanked Graham for his service and highlighted his leadership in enhancing energy reliability and affordability for Manitobans. Sala mentioned that Graham’s work on the Integrated Resource Plan laid a solid foundation for Manitoba Hydro’s future.

Community Reactions

• Byron Williams, a lawyer for the Consumers Coalition, commended Graham’s service even in contentious times.
• Industry sources pointed out recent tensions between Hydro and the provincial government, especially concerning water management with York Factory First Nation.

Future of Manitoba Hydro

Graham’s exit raises concerns about the future of Manitoba Hydro. The Crown corporation is navigating significant challenges, including climate change impacts and low-water conditions affecting electricity generation. Currently, Hydro is importing electricity from the U.S. to meet domestic demands.

Upcoming Projects and Challenges

Manitoba Hydro is tasked with substantial upgrades to its transmission infrastructure, including a $7 billion retrofit of key transmission lines. These changes are crucial as the company’s electricity rates may increase by 3.5% annually over the next three years to cover costs.

Potential Successors

Jamie Wilson, the vice-chairman of the board, is considered a leading candidate to succeed Graham. If appointed, he would mark a historic moment as the first Indigenous chairman of Manitoba Hydro.