City Council as Shareholder of GMHI · April 07, 2026 · Item 7.1
Council, representing The Corporation of the City of Guelph as shareholder of Guelph Municipal Holdings Inc.…
Main motion under the agenda item Appointment of Auditors for Alectra Inc. - 2026-154
Carried (12 to 0)
12 in favour, 0 against — unanimous
What was voted on
The motion in its exact words, as recorded in the minutes.
That Council, representing The Corporation of the City of Guelph as shareholder of Guelph Municipal Holdings Inc., direct the Chair of Guelph Municipal Holdings Inc. to communicate to Alectra Inc. that Guelph Municipal Holdings Inc. consents to the reappointment of KPMG LLP as auditor of Alectra Inc.
Moved by Councillor Busuttil, seconded by Councillor Goller.
How the room voted
In favour (12)
- Allt
- Billings
- Busuttil
- Caron
- Caton
- Chew
- Downer
- Gibson
- Goller
- Guthrie
- Hauser
- Klassen
What council was given
The staff reports and correspondence attached to this item. The summaries are written automatically, so you can tell what a document is without opening a ninety-page PDF.
- Appointment of Auditors for Alectra Inc - 2026-154.pdf
A brief housekeeping item asking Council, acting as sole shareholder of Guelph Municipal Holdings Inc., to direct its Chair to consent to reappointing KPMG LLP as auditor of the electricity utility Alectra Inc. for another year. The Alectra shareholder agreement requires this consent, and the reappointment would be confirmed at Alectra's annual general meeting on April 24, 2026. No financial implications.
- Attachment 1-Shareholder Resolution re Auditor for Alectra AGM.pdf
A summary is this site’s description of a document, not the City’s. Open the document before relying on one.
What was said
110 words from the meeting recording, transcribed automatically. Times are from the start of the recording.
Read the debate(click to open)
22:11And before I read out the recommendation,
22:13does anyone actually want it pulled?
22:15To discuss?
22:18No, okay, thank you.
22:19So it is just that council representing the corporation
22:22of the city of Guelph as the shareholder of GMA CHI
22:25direct the chair of Guelph Municipal Holdings, Inc.
22:27to communicate to Electra Inc.
22:29That Guelph Municipal Holdings, Inc.
22:30consents to the reappointment of KPMG LLP
22:34as the auditor of Electra Inc.
22:36And Councillor Busuttil, you'd be willing to move that?
22:40And Gawler will second, thank you.
22:42Okay, nothing further, I'll call the vote.
22:44Anyone against that?
22:47Nobody, that's unanimous as well, thank you.
22:50And so now I'm just looking for adjournment.
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The motion, the vote and the debate come from the City of Guelph’s published record, reproduced rather than interpreted. The document summaries above are the exception: those words were written for this site.