Canada Open for AI Data Centers After Carney’s Energy Shift, Power CEO Says

Capital Power CEO Avik Dey

Source: Capital Power

Capital Power Corp.’s top executive says it will become possible to build new gas-fired power plants to support large data centers in Alberta after the Canadian government relaxed environmental standards for electricity.

Prime Minister Mark Carney signed an agreement with Alberta Premier Danielle Smith on Nov. 27 that suspends the Canadian government’s clean electricity regulations while the two governments try to shore up Alberta’s faltering carbon-pricing system.