"The country touts plans for what could be North America’s largest-ever clean energy investment, while doubling down on oil."

"Canadian Prime Minister Mark Carney said the country will build the largest clean energy investment in North America’s history—a package of hydropower, onshore wind and transmission projects aimed at meeting electricity needs while also exporting power to Massachusetts and New York.

The investment of about $70 billion Canadian (U.S. $50 billion) announced on Monday is notable for its contrast with the fossil-fuel-centered priorities of the Trump administration, but Carney and Canada have a mixed record on the transition to cleaner energy sources. Carney’s government also is taking steps to boost production in the oil sands of the western province of Alberta, alongside plans to build additional pipelines to get the oil to market.

“We’re coming together,” Carney said, against a backdrop of the Atlantic Ocean off of St. John’s, Newfoundland and Labrador. The project would “power tomorrow’s economy to strengthen Canada’s place in the world to give ourselves more than any other nation can take away, because when we work together, there is nothing that Canada cannot do.”"

Dan Gearino reports for Inside Climate News August 17, 2026.

Source: Inside Climate News, 08/19/2026