Our commitment to improving the quality of life where we live and work pushes us to find new and creative ways of strengthening our communities.
We work with community members and invest in citizen-led projects to preserve and strengthen community character, ecology, and heritage. By supporting meaningful, grassroots initiatives and programs, we help create healthy and sustainable communities.
We support programs and initiatives in three focus areas:
- Enrichment of Community Character and Vibrancy supports the individualism of a community—its physical qualities, spirit, and identity. We support citizen-led projects that rejuvenate community features and enrich community satisfaction and esteem. Examples of support for community character include park amenities (picnic tables, park benches, gazebos), food banks/pantries, Crimestoppers/rural crime watch and law enforcement outreach programs.
- Enrichment of Community Ecology focuses on enabling citizen groups to undertake projects that preserve and protect high-risk ecosystems and which restore damaged ecosystems. Tree planting, community gardens and park restorations are all examples of projects that help to preserve a community’s ecology.
- Community Heritage and Fellowship supports the legacy attributes inherited from past generations and strengthens social networks and fellowship, as groups come together for a collective purpose. Community heritage may present itself as festivals, art, museums, languages, summer reading programs, songs, stories, customs, practices, or other cultural items that are maintained for the benefit of future generations.
Our head office is located in Edmonton, Alberta and we are dedicated to the sustainable growth and vibrancy of our home city. We look to support organizations that are making significant impacts to the quality of life in Edmonton.
Current corporate partnerships include:
- Art Gallery of Alberta
- Citadel Theatre
- Stollery Children’s Hospital Foundation
- University Hospital Foundation (Festival of Trees)
- University of Alberta Faculty of Engineering
- Edmonton’s Food Bank
- STARS Air Ambulance
We’re proud of the active community participation of our employees. Some donate their time, talent and skills as coaches, volunteers and board members, some support community fundraising initiatives, others lend their skills and talent to local community organizations, and many make personal financial contributions.
EmPowering Communities recognizes the volunteer spirit of our employees and the valuable gifts of time, skill and knowledge that employees choose to give to their community.
Employees and their families who volunteer a combined minimum of 35 hours in a calendar year can apply for a $500 grant to be donated by Capital Power to a non-profit organization of the employee’s choice. Employees who refer co-workers to participate in the program for the first time are eligible to direct a referral grant of $250 to a non-profit or charitable service organization.
In 2018, grants were provided to 133 unique organizations including:
- Boy Scouts of America, MA
- Campbell River and District Adult Care Society, BC
- Colonial Figure Skating Club, MA
- Drouillard Place, ON
- Momentum Walk-In Counselling Society, AB
- Woodsdale Volunteer Fire Department, NC
GENerosity is an innovative matching donation program offered to employees. Capital Power matches employee charitable donations up to $500 annually, anytime throughout the year. Employees are free to direct matched funds towards any registered charity in Canada or the U.S. that they would like to support.
In 2018, we matched just over $171,000 for a total of $342,000 that was directed to charities chosen by our employees.
Engaging with our Neighbours
Effective community engagement is an important element in the development, construction and operation of our facilities. We work to consider local community interests and priorities, and to incorporate these into project planning for our facilities across Canada and the U.S. We undertake this work by establishing presence in the communities near our operations, working with neighbours and stakeholders to build relationships and strong communities. Our goal is to earn our place as a respected community member.
We recognize that stakeholders may have diverse views about our operations, including negative perspectives. Our goal in engaging stakeholders is to minimize negative impacts of our facilities and operations. In doing this, we engage with government, employees, local communities, Indigenous communities, investors, and shareholders. Our goal with every project, every facility and every initiative, internal and external, is to build, operate, and align with the interests and priorities of those closest to the facility and who have a direct stake in the safe and environmentally sound operations of our facilities.Request Community Support
Capital Power and its employees contribute $400,000 in support of Alberta COVID-19 relief efforts
Capital Power and its employees have donated $400,000 in support of COVID-19 relief efforts in Alberta, raised through the Company’s ‘GENerosity: Let’s Rally Together’ matched-giving campaign and a...
Capital Power reports voting results from the 2020 annual meeting of shareholders
The annual meeting of shareholders for Capital Power was held on May 1, 2020 in Edmonton, Alberta. Each of the matters voted upon at the annual meeting is discussed in detail in the Company’s Manag...
Capital Power reports solid first quarter 2020 results and reiterates its 2020 financial guidance
Capital Power released financial results for the quarter ended March 31, 2020.
Capital Power declares dividends for its Common and Preference shares
The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending June 30, 2020. The div...
COVID-19 Preventative Measures for Capital Power’s 2020 Annual Meeting
Capital Power announced today that due to provincial COVID-19 public health orders and recommendations regarding mass gatherings and social distancing, shareholders and other guests are strongly en...
Capital Power announces date for release of its first quarter 2020 financial results and analyst conference call
Capital Power will release its first quarter 2020 results before the markets open on May 4, 2020. Management will host a conference call with analysts on the same day at 9:00 a.m. MT (11:00 a.m. ET...
Capital Power completes acquisition of Buckthorn Wind and receives tax equity financing for Cardinal Point Wind
Capital Power announced today that it has successfully completed the acquisition of Buckthorn Wind from private investors. Buckthorn Wind is a 100.5 megawatt wind facility that is located in Erath ...
Message from Brian Vaasjo, CEO and President
Capital Power's Response to COVID-19: A Message from Brian Vaasjo, CEO and President
Capital Power adds 250 megawatts of long-term contracted wind generation to its renewable portfolio
Capital Power announced today that it has entered into an agreement to acquire a 100% ownership interest in Buckthorn Wind, a 100.5 megawatt wind facility, from private investors.
Capital Power named one of the 2020 World’s Most Ethical Companies® by Ethisphere
Second recognition highlights company’s leadership on ethics and compliance practices
Capital Power has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Compani...