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Other Income (Expenses), Net

12 Months Ended

Dec. 31, 2020

9. Other Income (Expenses), Net

Other Income (Expenses), Net

8. OTHER INCOME (EXPENSES), NET

Other income (expenses), net consisted of the following:
For the	Year ended December 31
millions of Canadian dollars		2020		2019
Allowance for equity funds used during construction	$	45	$	21
Gain on sale of Emera Maine, net of transaction costs (1)		585		-
TECO Guatemala Holdings award (2)		49		-
Other		29		(9)
	$	708	$	12
(1) Refer to note 4 for further detail related to the gain on sale of Emera Maine.
(2) Refer to note 27 for further detail related to the TECO Guatemala Holdings award.

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- Definition

The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-URI http://asc.fasb.org/topic&trid=2122503

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 610
-URI http://asc.fasb.org/topic&trid=49130413

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