February 13th, 2009 in Breaking News, Power Grid


Power outage hits towers in Canada financial center.

TORONTO (Reuters) – An electrical equipment failure knocked out power in a handful of skyscrapers in Canada’s financial center on Thursday, leaving as many as 100,000 without electricity.

“Crews are currently on scene at all of the outages restoring power,” a Toronto Hydro spokeswoman said, adding full restoration is expected later this afternoon.

The downtown Toronto buildings affected included the tower that houses the offices of the Toronto Stock Exchange as well as First Canadian Place and the RBC Center, she said.

Carolyn Quick, a spokeswoman for TMX Group Inc, which operates the Toronto Stock Exchange and the junior Venture market, said trading was uninterrupted.

“The Toronto Stock Exchange and TSX Venture Exchange continued to operate during the power outage as they are on separate power systems, as well as there is fully redundant system in place.”