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Executive overview
Key findings
C$174.2 million: operating revenue in FY 2024/25 (actual); C$220.3 million budgeted for 2026/27
C$293.0 million: long-term debt at March 31, 2025, with a debt service ratio of 17.64% against a 35% maximum (actual)
C$164.6 million: total capital spending plan for 2026/27 (budget)
C$1.722 per cubic meter: water consumption rate from April 1, 2026 (approved)
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Buyer relevance
Who the report is for
Suppliers and consultants new to Halifax Water
Get the utility's scale, assets, leadership, regulator and 2026/27 project list in one short document.
Analysts covering Canadian municipal utilities
Take the revenue, debt, debt service ratio and rate series as a starting reference for comparison.
Local government and community stakeholders
See what the 2026 rate increases changed and what the September 2026 rate application seeks.
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Decision scope
Questions answered
How much have Halifax Water's rates risen?
The water consumption rate rose 52.7%, from C$1.128 to C$1.722 per cubic meter, between the rates before January 2026 and those from April 1, 2026.
How much debt does Halifax Water carry?
Long-term debt was C$293.0 million at March 31, 2025, with a debt service ratio of 17.64% against a 35% maximum.
What is it spending on capital?
The 2026/27 total capital spending plan is C$164.6 million, within a proposed C$1.36 billion five-year plan for 2025/26 to 2029/30.
Who runs and regulates Halifax Water?
Kenda MacKenzie has been General Manager and CEO since January 20, 2025; rates are set by the NSRAB, which began operating on April 1, 2025.
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Inside the report
Inside the complete report
Executive Overview
Utility and Service Mandate
Water Resources and Supply
Infrastructure and Treatment
Networks and Assets
Wastewater and Resource Management
Financial Position
Investment and Major Projects
Tariffs and Customer Context
Energy and Sustainability
Governance and Regulation
Climate and Resilience
Forward Developments
Key Intelligence Summary
Source Register
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Public preview
What to watch next
Financial Position
The FY 2026/27 result against the budgeted C$1.4 million surplus; the debt service ratio.
Investment and Major Projects
The delivery strategy for the two major projects; the IRP update.
Tariffs and Customer Context
The decision on the September 2026 rate application; customer satisfaction in FY 2026/27.
Forward Developments
The NSRAB's decisions on the rate and development charge applications; the IRP update.
Financial Position: revenue, debt, new borrowing, debt service ratio and regulatory-basis results from FY 2022/23 to the 2026/27 budget.
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Included
What you receive
The complete PDF report: 12 pages, 15 sections, 19 tables and a register of 22 sources.
This edition
October 2026, First edition.
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Evidence & method
Evidence and method
The profile draws on Halifax Water's annual and accountability reports to FY 2025/26, its 2026/27 Annual Business Plan, rate applications and NSRAB decisions and notices, asset management statistics, the 2019 Integrated Resource Plan and HRM Auditor General reports.
Sources
22 sources, listed in the report's source register. Evidence current to 31 October 2026. Principal data periods: FY 2024/25 audited results and FY 2025/26 accountability results (fiscal years end March 31); 2026/27 Annual Business Plan; rates effective April 1, 2026. All currency is Canadian dollars (C$)..
Evidence boundaries
This report uses authoritative source material available at the stated research cutoff. It distinguishes published facts, calculated values and analytical interpretation. No independent modelling is performed. Forward-looking analysis reflects published plans, documented trends and stated uncertainties. It does not constitute legal, financial, investment or engineering advice.
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Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
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Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
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Utility Intelligence Profile: Halifax Water
- Format
- Length
- 12 pages
- Edition
- October 2026, First edition
- Price
- USD 99
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Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Utility Intelligence Profile
- Edition
- October 2026, First edition
- Format
- Length
- 12 pages
- Reference
- OFW_EXT_HALIFAX_WATER_UTILITY_INTELLIGENCE_PROFILE_e277e495932f
- Evidence current to
- 31 October 2026
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