
New Economy Canada welcomes $2 billion federal investment in heat pumps
Investment in heat pumps will support household affordability and help unlock economic growth associated with an electrified economy.

Investment in heat pumps will support household affordability and help unlock economic growth associated with an electrified economy.

New economic modelling from New Economy Canada, the Canadian Chamber of Commerce, and Open Insights shows a $5 economic benefit for every $1 invested in the power sector and 1.6 million additional jobs in 2050

Industry associations and think tanks urge federal government to pair its electricity supply goal with national electrification and energy efficiency objectives.

New Economy Canada welcomes Ian Bruce as its new president today, bringing an accomplished clean economy leader to the helm as the organization enters its next phase of growth and impact.

Historic agreement to upgrade and expand the Churchill Falls Generating Station and develop the Gull Island project translates Canada’s national electricity strategy into progress.

New Economy Canada welcomes announcement of five priority transmission projects that will expand Canada’s electricity supply, supporting long-term economic growth

Canada’s national electricity strategy sends a clear signal that affordable, reliable clean power—and the electrification it supports—is now central to the country’s economic growth, industrial competitiveness and investment future.

Canada moves to unlock capital and build, while planning for the clean, reliable and affordable electricity that will power growth.

Ontario’s largest-ever energy procurement expands the supply of reliable, clean and affordable power at a time when electricity price and availability are key drivers of investment and economic growth.

New Economy Canada welcomes policy update and new funding that aligns with federal policy and bolsters one of Canada’s largest charging networks.

Ontario’s 2026 budget underscores a focus on the building blocks of the new economy: clean, reliable electricity and transmission, critical minerals and EV development, and support for sectors and workers affected by tariffs.

New Economy Canada applauds provincial and territorial leadership to unlock energy and economic security, prosperity and growth.