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Investor Centre
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Fortis Inc.
Suite 1201, Fortis Building
P.O. Box 8837
139 Water Street
St. John’s, NL A1B 3T2
T: 709.737.2800
F: 709.737.5307
W: www.fortisinc.com
E: investorrelations@fortisinc.com
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Computershare Trust Company of Canada
100 University Avenue, 9th Floor
Toronto, ON
M5J 2Y1
T: 514.982.7555
T: 866.586.7638
F: 416.263.9394
F: 888.453.0330
W: www.computershare.com
E: service@computershare.com
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Ernst & Young LLP
Chartered Accountants
7th Floor, Fortis Building
139 Water Street
St. John’s, NL
A1C 1B2
T: 709.726.2840
F: 709.726.0345
W: www.ey.com/can
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Fortis Inc. (“Fortis” or the “Corporation”) includes forward-looking information
in this material within the meaning of applicable securities laws in Canada
(“forward-looking information”). The purpose of the forward-looking information
is to provide management’s expectations regarding the Corporation’s future
growth, results of operations, performance, business prospects and opportunities
and may not be appropriate for other purposes. All forward-looking information
is given pursuant to the “safe harbour” provisions of applicable Canadian
securities legislation. The words “anticipates”, “believes”, “budgets”, “could”,
“estimates”, “expects”, “forecasts”, “intends”, “may”, “might”, “plans”,
“projects”, “schedule”, “should”, “will”, “would” and similar expressions are
often intended to identify forward-looking information, although not all
forward-looking information contains these identifying words. The forward-looking
information reflects management’s current beliefs and is based on information
currently available to the Corporation’s management. The forecasts and projections
that make up the forward-looking information are based on assumptions which include,
but are not limited to: the receipt of applicable regulatory approvals and requested
rate orders; no significant operational disruptions or environmental liability
due to a catastrophic event or environmental upset caused by severe weather, other
acts of nature or other major events; the Corporation’s ability to maintain its
gas and electricity systems to ensure their continued performance; the competitiveness
of natural gas pricing when compared with electricity and other alternative sources
of energy; the availability of natural gas supply; favourable economic conditions;
the level of interest rates; the ability to hedge certain risks; access to capital;
maintenance of adequate insurance coverage; the ability to obtain licences and
permits; the level of energy prices; retention of existing service areas; favourable
labour relations; and sufficient human resources to deliver service and execute
the capital program. The forward-looking information is subject to risks, uncertainties
and other factors that could cause actual results to differ materially from
historical results or results anticipated by the forward-looking information. The
factors which could cause results or events to differ from current expectations include,
but are not limited to: regulation; integration of Terasen Inc. and management of
expanded operations; operating and maintenance risks; natural gas prices and supply;
economic conditions; weather and seasonality; interest rates; changes in tax
legislation; derivative instruments and hedging; risks related to Terasen Gas
(Vancouver Island) Inc.; capital resources; environment; insurance; licences and
permits; energy prices and the cessation of the Niagara Exchange Agreement; loss of
service area; First Nations Lands; counterparty risk; labour relations; human resources;
and liquidity risk. For additional information with respect to the Corporation’s
risk factors, reference should be made to the Corporation’s continuous disclosure
materials filed from time to time with Canadian securities regulatory authorities.
All forward-looking information in this material is qualified by its entirety by the
above cautionary statements and, except as required by law, the Corporation undertakes
no obligation to revise or update any forward-looking information as a result of new
information, future events or otherwise after the date hereof. |
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