Finance Minister Mark Carney announces a clean electricity strategy and begins consultations as Ottawa moves to expand Canada’s power system. Multiple reports say the federal government’s approach centres on doubling the capacity of Canada’s electricity grid by 2050, framing the plan as a response to changing global conditions and new pressures on energy supply. According to the Globe and Mail, Ottawa is signalling it wants to increase grid capacity by 2050 and is starting consultation processes around the strategy. The National Post similarly describes Carney’s announcement of the goal, noting the strategy text points to “new and urgent pressures and threats” in the global context. The Globe and Mail also reports that Carney outlines how the federal government intends to boost electricity generation through what he characterizes as massive investment, including the use of borrowing. Together, the sources describe a federal clean electricity plan with a long-term infrastructure target and a near-term consultation phase, alongside a stated intent to mobilize major funding to support increased power generation and transmission capacity by mid-century.
Carney announces and begins consultations on plan to double Canada’s electricity grid by 2050
Finance Minister Mark Carney announces a clean electricity strategy and begins consultations as Ottawa moves to expand Canada’s power system. Multiple reports say the federal government’s approach cen...
- Finance Minister Mark Carney announces a clean electricity strategy and starts consultations.
- The strategy targets doubling Canada’s electricity grid capacity by 2050.
- Carney and the strategy describe changing global conditions and new urgent pressures affecting energy needs.
- The plan includes major investment and mentions borrowing as a funding approach.
- The government is beginning consultation efforts on how to implement the grid and generation expansion.
Carney outlines plan to boost power generation through ‘massive investment’ and borrowing
3 months ago'The global context has changed, and Canada faces new and urgent pressures and threats,' the strategy reads
3 months agoOttawa has signalled it plans to double the capacity of Canada’s power grid by 2050
3 months ago
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