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ARTICLE · 19 DECEMBER 2025

A New Era Of Innovation In Canada: Energy

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Global demand for diversified energy continues to grow, fueled by increasing populations, emerging technologies and a heightened need for affordability and emission reductions.

CanadaEnergy and Natural Resources
Rumina Velshi
Rumina Velshi
Tyson Dyck
Tyson Dyck
Krista Hill
Krista Hill
Stephanie Stimpson
Stephanie Stimpson
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For further insights into the state of play for the nuclear energy industry, read our featured Q&A with Ben Reinke, PhD, Senior Vice President, Global Business Development and Deputy Chief Commercial Officer, X-energy.

Global demand for diversified energy continues to grow, fueled by increasing populations, emerging technologies and a heightened need for affordability and emission reductions.

Areas to watch

M&A and investment

Across jurisdictions, energy security has become a key driver of M&A activity—a reflection of a shifting and less certain geopolitical and trade environment. Global energy investment is forecasted to hit a record US$3.3 trillion in 2025, with capital deployment of that commitment across renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification forecasted to hit $2.2 trillion this year alone1. In North America, M&A in the energy sector surged in Q3 2025, with deal value growing by 149% and deal volume

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