Budget 2026 Commits Over $50 Billion to Expand Canada's Electricity System

Budget 2026, released November 5, commits more than $50 billion over coming decades to expand Canada's electricity system under the National Electricity Strategy. The Prime Minister and Finance Minister say the strategy aims to double Canada's electricity generation, while the government's grid goal is to double capacity by 2050. Costed measures are expected to total $2.4 billion this decade.