The Nova Scotia Securities Commission is alerting investors that Venture Pro Trader is not registered to sell securities in Nova Scotia. At least one Nova Scotia investor was contacted directly by a representative of this company who was attempting to sell them gold options. The commission urges Nova Scotians to exercise extreme caution when dealing with firms that are not registered in Nova Scotia. It is illegal to solicit investments in Nova Scotia without registering with the commission and complying with Nova Scotia securities laws. To see if a company or person is registered, you can check the Canadian Securities Administrators’ National Registration Search athttp://www.securities-administrators.ca/nrs/nrsearch.aspx?id=850 To report a scam go to http://nssc.novascotia.ca/recognize-and-report-scam The Nova Scotia Securities Commission is the provincial government agency responsible for regulating the investment industry in the province. -30-
TORONTO — Electricity rates are going up again in Ontario, just in time for the longer summer days.Time-of-use electricity prices will jump half-a-cent to 18 cents a kilowatt hour for peak periods, from 11 a.m. to 5 p.m. weekdays, starting May 1.The rates are up slightly less for mid-peak periods —- between 7 and 11 a.m. and 5 to 7 p.m. — at 13.2 cents a kwh.The Ontario power system’s ‘broken’: Auditor GeneralOntario’s Power Trip: How Hydro is walloping Ontario businessOntario’s Power Trip: Dear Minister, here’s how you can stop power price hikesOff peak rates — in effect from 7 p.m. to 7 a.m. and all day weekends and holidays — are up less than half a cent to 7.7 cents a kwh.The Ontario Energy Board estimates the changes will add about $3.13 a month to the electricity line on the average monthly hydro bill for a household using 750 kwh a month.The board sets rates every six months, and adjusts the hours for peak and off-peak periods, with changes every May 1 and Nov. 1.