Rachel Doran, executive director of Clean Energy Canada, made the following statement in response to the 2026 federal budget: “Today’s federal budget provides significant investments in electrifying Canada’s economy and households, but further work will be required to establish the concrete goals needed to fully realize a generational opportunity.
→ Prime Minister Mark Carney has called Canada’s electricity grid the ‘new iron spine’ of Canada’s economy, one that will create a backbone for growing industries while helping Canadians power their homes and cars with efficient electricity more insulated from geopolitics.
→ To that end, the 2026 budget includes $4 billion over 10 years to support electricity infrastructure expansion, renewable energy, and priority electricity sector projects across Canada while also extending the clean electricity and clean technology investment tax credits out to 2040.
→ Critically, the budget also provides much-needed support to advance intra- and inter-provincial transmission, including by expanding the clean electricity ITC to the highest-voltage intra-provincial electricity transmission lines and investing in cost-benefit frameworks that will help overcome decades of impasse and actually make new interprovincial transmission lines a reality…
Source: Clean Energy Canada
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