Utilities

In Canada, electric power companies are undergoing industry defining changes such as deregulation which is opening up the industry to more competition. The utilities industry is characterized by the need for flexibility and innovation requiring large upfront investments, often with great uncertainty about long-term profitability.  Resulting from this uncertainty is investors’ strong need for reassurance of their dividends. Tax recovery research for this industry has provided TMS utility clients with a wealth of recovery opportunities and advice on specific issues in order to adapt to deregulatory trends so as to remain on top.