Fortis released the transcript of its Q2 2026 earnings call attended by CEO David Hutchens, CFO Jocelyn Perry, FortisBC CEO Roger Dall'Antonia, ITC CEO Krista Tanner, and UNS Energy CEO Susan Gray.
Hutchens flagged a British Columbia order-in-council backing a larger Tilbury LNG Phase 1B expansion, allowing about CAD 2 billion in regulated rate base.
Tilbury 1B is expected to enter construction as early as mid-2027, with in-service timing as early as 2031; the next five-year capital plan is due with Q3 results.
Dall'Antonia said Tilbury 2 environmental assessment timing points to a decision in Q4; the storage tank is framed as resiliency, with liquefaction rate benefits still early.
Perry reported Q2 net earnings of CAD 396 million, or CAD 0.78 per share; Fortis stayed on track to invest CAD 5.6 billion in 2026.
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