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Powering Canada’s Future: A Clean Electricity Strategy

Geography
Year
2024
Document Type
Policy

Summary

This Clean Electricity Strategy builds on the vision of providing clean, reliable and affordable energy to support a competitive, net-zero emissions Canadian economy, with growing supply attracting investment and creating good jobs. This Strategy articulates the federal government’s role, focusing on three key areas:

  • Growing the grid and managing demand;
  • Providing policy certainty and smoothing the path; and
  • Collaborating on tailored approaches for every region.

There are six key principles underpinning this Strategy:

  • Principle 1: Provincial and Territorial Jurisdiction Must be Respected and Supported with Policy Certainty;
  • Principle 2: Electricity Must Remain Reliable and Affordable;
  • Principle 3: Electricity Demand and Supply Must be Considered Equally;
  • Principle 4: Canadian Industries, Investors, and Workers Must Have the Power Needed to Build Canada’s Industrial Future;
  • Principle 5: Northern, Indigenous, and Remote Communities Must Benefit from a Flexible Approach that Reflects Their Unique Opportunities and Challenges; and
  • Principle 6: Indigenous Peoples and Communities Must be Recognized as Clean Energy Leaders.

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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.