In May 2026, Prime Minister Mark Carney announced a new national strategy for an electrified Canadian economy focused on:
- building new infrastructure to double our electricity supply by 2050 to meet growing demand
- accelerating electrification to secure market advantages and address climate change.
The November 2026 federal budget provides welcome signals on the path to implementation, but there’s still much more to do to ensure we have the policy, market and financing systems in place to deliver on the government’s vision.