AGP Executive Report
Last update: 2 hours agoHome Heating: Ottawa’s $2-billion heat-pump rebate program is set to launch in early 2027, offering up to $10,000 to eligible lower-income homeowners and $2,000 to others. The eight-year plan also includes financing for apartment retrofits. Fusion: Richmond, B.C.-based General Fusion says it reached a 1-keV plasma milestone, a step toward its planned demonstration plant in 2035. Emissions: Canadian oil-and-gas emissions fell in 2025 despite higher production, while a separate climate report warns the country risks missing its emissions goals. LNG and Lithium: Shell has taken a final investment decision on LNG Canada’s Phase 2 expansion, which is expected to double exports; LG Energy Solution also secured a four-year supply of Canadian lithium concentrate from Elevra. Oil and Utilities: Cenovus’s $5.7-billion Athabasca Oil acquisition deepens its oilsands position, while Suncor is selling East Coast offshore stakes to Ithaca Energy. Emera and ATCO’s proposed merger would create a major Canadian utility. Export Routes: Ottawa has fast-tracked a proposed Pacific oil pipeline as a national priority, aiming to widen access to overseas markets.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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