CP NewsAlert: Feds unveil electricity plan to double grid, lower costs


OTTAWA — Prime Minister Mark Carney says the government will give more flexibility to LNG power plants as part of its long-awaited clean electricity strategy.

The strategy, released today, is aimed at doubling electrical capacity by 2050 and lowering energy costs for 70 per cent of Canadian households.

The strategy says construction will cost more than $1 trillion and public dollars will be used to cover some of the cost.

It doesn’t say how much the government is willing to spend, although it mentions offering tax credits and bringing back energy-saving retrofits for up to a million households.

The government forecasts 130,000 new workers will be needed to double the size of grid, pledging 30,000 new jobs by 2028 and 100,000 more by 2050.

The strategy commits to building electricity capacity in the North but doesn’t say how, other than that Ottawa will work with the territories and Indigenous stakeholders to make it happen.

This report by The Canadian Press was first published May 14, 2026.

Nick Murray, The Canadian Press



Source link

  • Related Posts

    Ontario unveils new data centre framework amid calls for moratoriums

    Listen to this article Estimated 5 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review…

    The showdowns and reunions highlighting the NBA’s 2026-27 season

    The NBA’s offseason was defined by team-switching superstars — which meant that when the league released its schedule Thursday, its regular-season schedule was highlighted by those stars’ returns to the…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Ontario unveils new data centre framework amid calls for moratoriums

    Ontario unveils new data centre framework amid calls for moratoriums

    Ontario moves to make room for more casinos in Niagara Region

    Ontario moves to make room for more casinos in Niagara Region

    Get Gears of War: E-Day Multiplayer Beta

    Mangione expected to plead guilty in CEO’s murder case: reports

    Anthropic set AI agents loose on the same task. They started a turf war.

    Anthropic set AI agents loose on the same task. They started a turf war.

    Luigi Mangione in discussions about possible guilty plea in federal case, sources tell CBS News

    Luigi Mangione in discussions about possible guilty plea in federal case, sources tell CBS News