Included in the released reports was KPMG's report "Manitoba Hydro - External Quality Review". Manitoba Hydro dropped a court application to make public KPMG 's review of allegations of financial mismanagement and poor planning made by a New York City consultant.

The Consultant, who cannot be named for legal reasons, claims to have found Manitoba Hydro lost more than $1 billion over the last five years and could even face bankruptcy and blackouts due to bad drought planning and export pricing. On December 8, 2008 the New York based consultant made a Public Interest Disclosure (Whistleblower Protection) Act Complaint to the Manitoba Ombudsman.

Manitoba Hydro hired KPMG in 2009 to double-check the consultant's findings. The consultant sent a letter December 8, 2009 to KPMG to cease and desist using materials that were contractually protected by confidentiality agreements between the consulting firm and Manitoba Hydro.

The PUB is a government body that regulates the rates Hydro can charge its customers. The PUB GRA hearings are scheduled to start January 2011.

"MH (Manitoba Hydro) and the GRA Interveners will now have access to public record versions of the KPMG report and appendices, MH risk reports, and the NYC 'public document' which identifies risk issues. The independent experts' report will supplement the current set of risk reports available, as will any risk reports filed by the Interveners," explained the PUB.