6-K

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of December, 2004

Commission File Number: 33-81550

Great Lakes Power Inc.

(Translation of registrant’s name into English)

Suite 300, BCE Place, 181 Bay Street

Toronto, Ontario

Canada M5J 2T3

(416) 363-9491

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ¨ Form 40-F x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _______

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _______

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______

EXHIBITS

The following exhibits are filed as part of the Report on Form 6-K:

Exhibit	Description
99.1	News Release - Great Lakes Power Inc. Announces Name Change to Brascan Power Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: December 3rd, 2004

Great Lakes Power Inc.
By:	(s) Donald Tremblay
	Name: Donald Tremblay
	Title: Vice-President and Chief Financial Officer

EX-99.1

Exhibit 99.1

NEWS RELEASE

Great Lake Power Inc. Announces Name Change to Brascan Power Inc.

Gatineau, December 3, 2004 - Great Lakes Power Inc. today announced that, effective December 1, 2004, the name of the company has changed to Brascan Power Inc. “The name change reflects the branding strategy we implemented over the past several years to promote Brascan Power,” said Richard Legault, President and Chief Operating Officer, Brascan Power Inc. In announcing the name change, he added, "Our new name is an important symbol of identification for the company."

Brascan Power Inc. operates 120 power generating stations with a combined generating capacity of 2,622 megawatts. Brascan Power conducts its power generating operations primarily in Ontario, Quebec, New England and New York, with other power operations in British Columbia, Louisiana and Brazil. In addition to power generating operations, Brascan Power also owns a transmission and distribution system in Northern Ontario. The transmission and distribution business services approximately 11,000 customers in Northern Ontario and consists of approximately 725 kilometers (km) of transmission lines, 1,700 km of lower voltage distribution lines and 11 distribution stations.

Brascan Power Inc. is not listed on any stock exchange but it is a reporting issuer with publicly held debt. Brascan Power is a wholly-owned subsidiary of Brascan Corporation.

Brascan Corporation is an asset management company. With a focus on real estate and power generation, the company has direct investments of $19 billion and a further $7 billion of assets under management. This includes 70 premier office properties and 120 power generating plants. The company is listed on the New York and Toronto stock exchanges under the symbols BNN and BNN.LV.A respectively. For more information, please visit our web site at www.brascancorp.com

For more information, please visit our web site at www.brascanpower.com or contact:

Shelley Moorhead

Director, Corporate Communications & Investor Relations

Tel: (819) 561-8072

Fax: (819) 561-7188

Email: shelley.moorhead@brascanpower.com

Note: This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe”, “expect”, “anticipate”, “intend”, “estimate” and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward looking statements. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-lookin g statements. Factors that could cause actual results to differ materially from those set forward in the forward looking statements include general economic conditions, interest rates, availability of equity and debt financing and other risks detailed from time to time in the company’s 40-F filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

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