Prime Minister Mark Carney makes an announcement on Parliament Hill in Ottawa on May 14, 2026. The Canadian Press/Sean Kilpatrick
Prime Minister Mark Carney has announced a plan to double Canada’s electricity grid by 2050, which he says will lower energy costs for 70 percent of Canadian households.
Carney announced his government’s new National Electricity Strategy, dubbed Powering Canada Strong, at a May 14 press conference on Parliament Hill. He said the grid expansion is estimated to generate up to $15 billion in energy savings, with seven in 10 households paying less for their total energy by 2050.
