Carney Rolls Out Pitch to Double Canada’s Electricity Output

Canadian Prime Minister Mark Carney

Photographer: Kamara Morozuk/Bloomberg

Prime Minister Mark Carney published a strategy that aims to double Canada’s electricity generation by 2050, including adjusting its clean electricity rules to give more flexibility on power generation using natural gas.

The total cost of expanding Canada’s power grid is expected to top C$1 trillion ($729 billion), the strategy says, but that cost will be spread across the federal and provincial governments as well as private sector players.