AGP Executive Report
Last update: 11 hours agoChurchill Falls clean-power deal: Ottawa, Quebec and Newfoundland & Labrador have reached a tentative agreement to replace the long-disputed 1969 Churchill Falls contract, with up to C$10B in federal support tied to upgrades, a 2,700 MW Gull Island hydro project, plus 2,000 MW of wind and new transmission—aimed at boosting Canada’s electricity supply and easing decades of provincial friction. EV policy fallout: A new Canada Gazette notice says repealing the federal EV sales availability standard while delaying tougher tailpipe rules would cost drivers $53.8B in extra fuel costs and $94.2B in climate damages, even as the government claims EV purchase savings. Data-centre power rules: Ontario Premier Doug Ford says the province will approve data centres only if they deliver economic benefits and protect “data sovereignty,” with firms paying full electricity costs and no cash incentives. Carbon pricing squeeze: A new report finds Alberta oil sands producers will average under $2/bbl in carbon costs under updated TIER rules, arguing the industrial carbon price is now marginal. LNG push with Indigenous ownership: A majority-Indigenous joint venture unveiled plans to develop an LNG export terminal at Baie-Comeau, targeting up to 15 Mt/year for Europe, powered by renewable electricity.
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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