Canada Announces Nearly C$70 Billion Clean Energy Investment

Canada recently announced a major package of clean energy projects valued at nearly C$70 billion. The Canadian government will provide C$10 billion in financing.

The package includes hydroelectric, wind, and transmission infrastructure in Labrador, including upgrades and an expansion of the Churchill Falls generating station, development of the Gull Island hydroelectric project, a proposed 2,000 MW onshore wind project, and new transmission infrastructure.

These investments are expected to deliver approximately 14,000 MW of renewable power and support approximately 23,000 jobs during construction, including jobs in the skilled trades and engineering.

You can learn more about this announcement here.

Close Welcome Bar