Reports & publications

More in this section

Corporate publications

As a public, government-owned utility, we’re committed to transparency and accountability to all Manitobans. Our high-level corporate publications are issued monthly, quarterly, or annually and reflect how we do business in the province. Here you’ll find our annual and quarterly reports, our Environmental Social Governance report, and our annual Enterprise Plan, along with other publications.

Thumbnail of the 2023–2024 Enterprise Plan.

Strategically adapting to our changing future

Learn more about our vision for the future.


Back to top

Annual Report 2022–23

Thumbnail of the 2022–2023 Annual Report.

Energy for life: 2022–2023 Annual Report

The 72nd Annual Report of the Manitoba Hydro-Electric Board, for the year ending March 31, 2023, is available to view, print, or save.

Corporate highlights

Length of
distribution lines1
75,909 km
Total revenue
(electric and gas)
$2.6 billion
Natural gas customers
Service area
650,000 km2
Length of
natural gas lines
10,771 km
Length of
transmission lines2
14,329 km
Electricity customers
Net income
$655 million
Communities with
natural gas service
Total electricity capability
6,054 megawatts
Total assets
$31.41 billion
Total debt
$24.61 billion
Full-time equivalent employees3
Export revenue
$1.1 billion

1 Includes all energized distribution lines rated < 100 kV.
2 Includes all energized transmission lines (AC or DC) rated ≥ 100 kV.
3 See page 121 for definition of full-time employees.

Back to top

Environmental, social, and governance

Thumbnail of the 2022–2023 Environmental, Social, and Governance Report.

2022–2023 Environmental, Social, and Governance (ESG) Report

The Environmental, Social, and Governance Report, for the year ending March 31, 2023, is available to view, print, or save.

Covering the fiscal year to March 31, 2023, our ESG report demonstrates how we, as an organization, conduct our relationships and our work with the utmost integrity, care, and respect for our customers and community.

The report shares our employees’ achievements and the activities underway to protect our environment and address climate change, further our province’s economic and social growth, and support the communities in which we live and work.

Annually sharing these highlights of how we deliver over and above our regulatory requirements helps us better track our progress toward a legacy of doing right by our customers, our province and our world.

You can also read more about how we do that every day in our featured articles.

Highlights 2022—2023

Ethical. Accountable. Transparent.

  • 99% of employees completed ethics training.

For Manitobans, by Manitobans

  • 83% of residential customers reported they are satisfied with Manitoba Hydro’s overall service.
  • 93% of customers satisfied with field service.
  • 79% of residential customers are satisfied with Manitoba Hydro’s Safety Education.
  • 1,102 loans representing $4.32 million provided in financing to our customers through our Energy Finance Plan.
  • 3,486 loans worth $17.59 million for qualifying upgrades provided to customers under our Home Energy Efficiency Loan.
  • 73,368 line locates performed from requests received from Click Before you Dig MB.
  • 7,383 students across 126 schools reached province-wide with safety messaging.
  • $101,000 provided in scholarships and bursaries to students across Manitoba.
  • Over $450,000 contributed in sponsorships of events and activities across Manitoba.
  • $13,250 donated to 20 employee-championed events and $4,000 to 13 volunteer grants.
  • Over $1,000,000 in combined employee and corporate payroll donations.

Care, responsibility and protection for the environment

  • Over 600 employees participated in the national Commuter Challenge, winning Manitoba Hydro a gold in the 3000+ employees category.
  • Our total greenhouse gas (GHG) emissions: 0.10 megatonnes (less than 0.12 if national electrical generation).
  • 8 megatonnes of GHG emissions avoided through net exports.
  • 65 metric tons of paper recycled through our Official Records Destruction, Confidential Shredding and T.R.I.M programs.
  • Over 84.33 metric tons of industrial non-hazardous materials were recycled.
  • Over 64,000 litres of waste oil was collected and recycled.

Back to top


We issue reports on our operations and finances.

Annual reports

Our annual report covers the corporate fiscal reporting year of April 1 to March 31 and is issued to the utility’s shareholders, the people of Manitoba.

Quarterly reports

A quarterly report updates our financial picture at the end of 3, 6, and 9 months to supplement financial information found in the annual report.

Back to top