Last month, Canada’s Prime Minister announced the launch of a new National Electricity Strategy. This plan aims to double the capacity of Canada’s grid by 2050, supplying reliable, affordable and clean power for decades to come.
The announced strategy could require about $1 trillion in investment by 2050. The reasoning? Electricity demand is expected to double by then due to AI data centres, electric vehicles, heat pumps, industrial growth and so on.
The federal government said this strategy could mean up to $15 billion in total energy savings for Canada by 2050. Plus, they say it could lower energy costs for 70% of Canadian households and create over 130,000 jobs for high-skilled workers.
Learn more in the original article –> https://www.nationalobserver.com/2026/05/29/analysis/carney-clean-electricity-plan-buildout