Question
Please read the following description about Hydro One and answer questions a and b (The description is sourced from the internet sources) Hydro One Inc.
Please read the following description about Hydro One and answer questions a and b (The description is sourced from the internet sources) "Hydro One Inc. is a fully owned subsidiary of Hydro One Limited, Ontario's largest electricity transmission and distribution provider with almost 1.4 million valued customers, almost C$25.5 billion in assets and 2018 annual revenues of almost C$6.2 billion. Our team of approximately 8,600 skilled and dedicated employees proudly builds and maintains a safe and reliable electricity system, which is essential to supporting strong and successful communities.
In 2018, Hydro One d almost $1.6 billion on its 30,000 circuit kilometres of high-voltage transmission and 123,000 circuits kilometres of primary distribution networks and injected approximately, billion into the economy by buying goods and services in Ontario. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. We are one of only six utility companies in Canada to achieve the Sustainable Electricity Company designation from the Canadian Electricity Association. Hydro One Limited's common shares are listed on the Toronto Stock Exchange.
A) What would be the impact of Hydro One's investment of $1.6 billion in transmission and distribution network on Ontario's GDP? Please provide a brief explanation of ur answer.
B) Suppose Hydro One's revenue decreased to $5.5 billion in 2019 (vs $6.2 billion in 2018). How this would affect employment in Ontario's economy? Please provide a brief explanation of ur answer.
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