FYI - a  joint letter from the IMO and OEB confirming their intention to 
proceed with market readiness by the Fall of 2001.                          
As I indicated earlier to Richard, I have been invited to a meeting with 
several people from the Premier's office on Wednesday  May 2  to discuss the 
announcement ( I have asked Paul Devries to accompany me; representatives 
from Centrica, Toronto Hydro and Enersource/Mississauga Hydro will be there 
as well).                                        I had dinner with Judy 
Hubert (Asst Deputy Minister of Energy whom John met at Ken Lay's speech) on 
Thursday evening: she was aware of the pending meeting between Premier Harris 
and Mr. Lay  and was enquiring about what Mr. Lay wanted to address - I 
indicated that Mr. Lay would want to make the case for opening the market in 
the Fall of 2001(as set out in his speech) and to share with the Premier some 
proposals for moving the matter forward. I also indicated that Mr. Lay would 
be able to provide the Premier with a useful  and honest perspective on the 
events in California and that hopefully , on a going forward basis, the 
Premier would see Mr. Lay as someone he could phone and talk to about those 
issues.  I will sketch out a draft of the proposed speaking points early next 
week. 
----- Forwarded by Aleck Dadson/TOR/ECT on 04/28/2001 01:42 PM -----

	Independent  Electricity Market Operator 
<R-4-722398-1212894-2-41-US2-9C8A1B2A@xmr3.com>
	04/27/2001 06:54 PM
		 
		 To: aleck.dadson@enron.com
		 cc: 
		 Subject: IMO and OEB Remain Committed to Market Readiness by This Fall


In a joint letter issued today to all electricity market participants, the 
Ontario Energy Board and the IMO stated they are committed to their existing 
schedule for participants to be market ready by the fall 2001. To view this 
letter, visit the IMO website at:
http://www.theimo.com/imoweb/pubs/IMO_OEB2001apr27.pdf
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