Driving Made-in-Canada Energy Solutions
Join Canadian Club Toronto on October 20 when we welcome Nicolle Butcher, President and CEO of Ontario Power Generation, for a conversation moderated by Lisa Raitt, Vice-Chair of Global Investment Banking at CIBC Capital Markets.
As Ontario and Canada face rising electricity demand and a heightened focus on energy security, Ontario Power Generation (OPG) stands at the forefront of delivering reliable, affordable, and low-carbon power. From the next generation of nuclear to hydro expansion and strategic investments across the energy system, attend this session to hear how OPG is powering the province and country’s future with Made-in-Canada solutions.
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Nicolle Butcher was appointed OPG’s President and Chief Executive Officer (CEO) in January 2025.
Among her priorities as President and CEO, Nicolle is focused on ensuring the safe, on-time, on-budget completion of the Darlington Refurbishment, executing the development of the continent’s first fleet of Small Modular Reactors, advancing the Pickering Refurbishment and fleet-wide program of hydroelectric refurbishments, and advancing opportunities for new generation development to meet the province’s quickly growing demand for electricity. Nicolle is a champion for Indigenous economic Reconciliation and working with Indigenous communities, companies, and businesses to achieve OPG’s Reconciliation Action Plan commitments.
Previously, as OPG’s Chief Operations Officer, Nicolle was responsible for overseeing one of the largest, most diverse generating portfolios in North America. Over her 25-plus years with OPG, she has held a range of roles throughout the company as well as senior level positions in Corporate Business Development and Strategy, Renewable Generation, and the energy-related commercial business functions such as energy trading, commercial contracting, and market affairs.
Nicolle specializes in creating an inclusive business culture—one that embraces safety, performance, and operational excellence, while fostering innovation. Under her leadership, OPG successfully delivered a strategic plan that included executing $5 billion worth of acquisitions and building an electrification strategy.
In 2021, Nicolle was named one of Canada’s Top 100 Most Powerful Women and Women of the Year by WIRE (Women in Renewable Energy) and APPRO (Association of Power Producers of Ontario). She sits on the Board of Directors of Interfor Corporation. Nicolle holds an MBA from McGill University, is a Chartered Business Valuator, and has earned an ICD.D designation from the Institute of Corporate Directors.
As a wife and mother of two boys, and Jasper the Labradoodle, Nicolle enjoys hiking and family time at the cottage.
The Honourable Lisa Raitt joined CIBC Capital Markets in January 2020, having previously worked in both the public and private sectors. Ms. Raitt’s current focus is on senior client coverage and business development with clients in the energy, infrastructure and industrial sectors, which align closely with her deep expertise.
Prior to her current role, Ms. Raitt was the President and CEO of the Toronto Port Authority. She was elected into the House of Commons in 2008, where she went on to hold three senior portfolios serving as Minister of Natural Resources, Minister of Labour, and Minister of Transport. Most recently, Ms. Raitt was the Deputy Leader of the Official Opposition and the Conservative Party of Canada.
Ms. Raitt holds a Bachelor of Science degree from St. Francis Xavier University and a master’s degree in Chemistry from the University of Guelph. She possesses an LL.B from Osgoode Hall Law School and was called to the Ontario bar in 1998.
In June 2024, Lisa was presented with an Honorary Doctorate from the University of Ottawa.
