OC2021-128
2021-05-14
Industry, Energy and Technology
Hydro Corporation Act
Under the authority of subsection 4(1), section 11.1, and subsection 39(3) of the Hydro
Corporation Act, 2007, and subsections 245(1), 245(2), and 245(8) of the
Corporations Act, the Lieutenant-Governor in Council is pleased to direct the Board
of Directors of the Newfoundland and Labrador Hydro-electric Corporation
(“Hydro”), notwithstanding the terms and conditions of employment, compensation
plan, or contract, to:
a) take such steps as are required to eliminate all performance-based pay policies
and incentive programs, starting in 2021, for persons not represented by a
bargaining agent certified or recognized under an Act of the province, including
executive, officers, managers, other staff and employees, and independent
contractors of Hydro and its subsidiaries, effective immediately;
b) not take any actions whatsoever with respect to increases in compensation or
remuneration of persons that are not represented by a bargaining agent certified
or recognized under an Act of the province, including executive, officers,
managers, other staff and employees, and independent contractors of Hydro and
its subsidiaries, until further advised by the Lieutenant-Governor in Council; and,
c) provide the Minister of Industry, Energy and Technology with all information
and documents he may request, within the timeframes specified by the Minister,
regarding Hydro’s employment contracts, compensation policies, organizational
structure, or any other information and documents the Minister determines
necessary.