Tag Archives: NYPA

N.Y. Power Authority assumes ownership of Canal Corporation

The New York Power Authority assumed ownership of the New York State Canal Corporation on Jan. 1, as the state prepares to celebrate the bicentennial of the building of the Erie Canal in 2017. NYPA had assumed fiscal responsibility for the Canal Corporation on April 1, 2016. The Power Authority plans to run the Canal Corporation as a subsidiary, similar ...

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