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ARTICLE · 14 MAY 2026

Powering Canada Strong: Canada Launches National Electricity Strategy For Consultation

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On May 14, Canada released its National Electricity Strategy, Powering Canada Strong: A National Strategy for an Electrified Canadian Economy (the Strategy).

CanadaEnergy and Natural Resources
Torys LLP
Torys LLP
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On May 14, Canada released its National Electricity Strategy, Powering Canada Strong: A National Strategy for an Electrified Canadian Economy (the Strategy). The Strategy outlines a national plan and series of reforms intended to double Canada’s electricity supply by 2050 through new infrastructure and accelerate economy-wide electrification to support competitiveness and decarbonize. Investors and sector participants should consider the Strategy’s initial proposed reforms and actions, and assess how they could affect future project development, financing, and regulatory approaches.

What you need to know

  • “A nation-building exercise not seen for generations”1: To meet projected electricity demand and address system costs (forecasted to exceed $1 trillion by 2050), the Strategy is organized around four pillars: (1) building and financing infrastructure; (2) connecting grids east-west-north; (3) training and attracting the workforce needed to build the grid; and (4) expanding

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