New Economy Canada Welcomes Federal Clean Energy Investment

New Economy Canada Welcomes Federal Clean Energy Investment

VICTORIA — The agreement to upgrade and expand the Churchill Falls Generating Station and develop the Gull Island project and related transmission — supported by $10 billion in federal financing — reportedly demonstrates how cooperative federalism can improve Canada’s national electricity strategy, according to New Economy Canada in a press release. The Labrador Trough Clean Power, Critical Minerals and Infrastructure Corridor referral to the Ma…

Feds launch $70B clean energy initiative—largest in North American history

The Government of Canada has announced a historic agreement to upgrade and expand the Churchill Falls Generating Station and develop the Gull Island project and related transmission—building one of the largest electricity projects in North America. “Canada is extending its unique advantage in clean, reliable, and affordable power. Because when we master energy, we master our destiny,” said Prime Minister Mark Carney. “Through cooperative federal…