Good afternoon Joshua,…

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2127

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Good afternoon Joshua,

We took part in the Proposed Municipal Asset Management Planning Regulation webinar today and have a unique question which we hope you can answer or forward to someone who can assist in answering.

InnServices Utilities Inc. is a Municipal Services corporation created under the Corporations Act. The subsidiary is wholly owned by The Corporation of the Town of Innisfil and provides unregulated utility services (water & wastewater). The financial statements of InnServices is consolidated into the Town’s Financial Statements on an equity method. Would the proposed municipal asset management planning regulation apply to these assets?

Many thanks,

Tatiana Johnson

[Original Comment ID: 209936]