Story perspectives
Canada to Double Grid, $1T Plan Creates Jobs, Adds Pipeline
5/15/2026
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Carney Announces Grid Expansion
- Prime Minister Mark Carney announced on May 14, 2026 a plan to double Canada’s electricity grid by 2050.
- The $1 trillion-plus plan will cut energy costs for 70 percent of households, create 130,000 jobs, and loosen Clean Electricity Regulations to allow natural-gas use and emissions offsets.
- The strategy projects a 250-300 megatonne emissions cut and adds a pipeline to move at least one million barrels of low-emission Alberta oil per day, with summer consultations.
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