Canada aims to mobilise $1.1tn through major energy projects by 2035

A report from the Public Policy Forum calls for accelerating over 500 energy, critical minerals and infrastructure projects to generate CAD1 100bn in Canadian GDP growth.

Share:

The Public Policy Forum (PPF) has released a report outlining a strategy to revive investment in major energy, critical mineral and infrastructure projects. The report proposes a national action plan to fast-track more than 500 large-scale projects toward Final Investment Decision (FID), potentially generating up to CAD1 100bn ($811.6bn) in cumulative gross domestic product growth by 2035.

Titled Build Big Things: A Playbook to Turbocharge Investment in Major Energy, Critical Minerals and Infrastructure Projects, the document highlights the need for stronger coordination between public and private sectors, streamlined regulatory procedures, increased economic participation of Indigenous communities, and the development of key infrastructure to support these projects.

A response to Canada’s structural challenges

The report comes amid stagnating productivity, trade tensions with the United States, and intense global competition over strategic resources. It argues that Canada is well positioned to fully leverage its energy and mining potential to boost long-term economic growth.

Economic data from Navius Research Inc. indicate that these projects — spanning clean electricity, oil and gas, mining, and decarbonisation technologies — could contribute a 4.5% increase to national GDP. According to the PPF, this collective effort would also help secure Canadian exports and meet rising global demand.

Toward accelerated governance of strategic projects

The document outlines ten priority measures, including the creation of a Strategic Investment Office, alignment of existing federal programmes, and a two-year regulatory approval timeline. The report also recommends identifying a list of nation-building projects to prioritise based on economic, social, and territorial criteria.

More than 150 stakeholders contributed to the report, including government agencies, mining and energy industry leaders representing 95% of national production, Indigenous leaders and financial institutions.

A call for coordinated action to capture global markets

According to Jay Khosla, Executive Director of Economic and Energy Policy at the PPF, the plan’s implementation could trigger a new wave of investment across Canada’s resource and infrastructure sectors. “Canada has enormous potential to accelerate its growth by removing the identified barriers. It is imperative that we unlock our natural advantage,” he said.

Inez Jabalpurwala, President and CEO of the PPF, added that the programme is part of a broader national initiative, Mission Canada, aimed at developing actionable economic policies to support Canadian prosperity.

  • Populaires ​
EDF Power Solutions wins major energy storage contract in Japan
Mauritania: Sonatrach and SMH launch strategic partnership in downstream oil sector
Empty reservoir explodes at Lukoil-Perm facility: no casualties reported
Hydron Energy secures first contract for commercial biomethane plant
Borr Drilling raises $102.5mn through issuance of 50 million ordinary shares
Canada funds 13 Indigenous energy projects with $40mn investment
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
Germany extends electricity price aid to 2,200 companies
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
Czech Republic hit by massive power outage disrupting the economy
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.
France anticipates significant slowdown in emission reductions starting in 2025
French greenhouse gas emissions are expected to rise by 0.2% in the first quarter of 2025, indicating a global slowdown in reductions forecast for the full year, according to Citepa, an independent organisation responsible for national monitoring.
U.S. Senate Approves Accelerated End to Renewable Energy Tax Credits
The Republican budget bill passed by the U.S. Senate accelerates the phase-out of tax credits for renewable energies, favoring fossil fuels and raising economic concerns among solar and wind industry professionals.
Brazil: renewable energy curtailment to jump by 300% by 2035
Rapid growth in solar and wind capacities will lead to a significant rise in electricity curtailment in Brazil, as existing transmission infrastructure remains inadequate to handle this massive influx of energy, according to a recent study by consulting firm Wood Mackenzie.
South Korea reduces its dependence on fossil fuels below 50%
In April 2025, fossil fuels represented 49.5% of South Korea's electricity mix, dropping below the symbolic threshold of 50% for the first time, primarily due to a historic decline in coal-generated electricity production.
US Senate adopts tax neutrality for advanced biofuels
The US Senate Finance Committee modifies the '45Z' tax credit to standardize the tax treatment of renewable fuels, thereby encouraging advanced biofuel production starting October 2025.
Renewable energy: access improving, but financing still insufficient for Africa
According to the 2025 report on global energy access, despite notable progress in renewable energy, insufficient targeted financing continues to hinder electricity and clean cooking access, particularly in sub-Saharan Africa.
China and the United States improve their energy performance in an unstable global context
While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.
Algeria and Angola strengthen energy cooperation at US–Africa summit
On the sidelines of the US–Africa summit in Luanda, Algiers and Luanda consolidate their energy collaboration to better exploit their oil, gas, and mining potential, targeting a common strategy in regional and international markets.
UK urged to accelerate electricity price reforms
The UK's Climate Change Committee is urging the government to quickly reduce electricity costs to facilitate the adoption of heat pumps and electric vehicles, judged too slow to achieve the set climate targets.
Brussels expands subsidies for low-carbon technologies and nuclear power
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Japan Faces Major Electricity Shortfall of 89 GW by 2050
Japan's grid operator forecasts an energy shortfall of up to 89 GW by 2050 due to rising demand from semiconductor manufacturing, electric vehicles, and artificial intelligence technologies.
EU Approves Targeted Energy Aid for Europe’s Heavy Industries
Energy-intensive European industries will be eligible for temporary state aid to mitigate high electricity prices, according to a new regulatory framework proposed by the European Commission under the "Clean Industrial Deal."
Mauritius launches international tender for floating power plant
Mauritius seeks international investors to swiftly build a floating power plant of around 100 MW, aiming to secure the national energy supply by January 2026 and address current production shortfalls.
Spain and Portugal Strengthen Networks Following April Blackout
Madrid announces immediate energy storage measures while Lisbon secures its electrical grid, responding to the historic outage that affected the entire Iberian Peninsula in late April.
Indonesia Commits 190 Billion USD to Expand Energy Capacity by 2034
Indonesia has unveiled its new national energy plan, projecting an increase of 69.5 GW in electricity capacity over ten years, largely funded by independent producers, to address rapidly rising domestic demand.
France: Moratorium on renewables; warning about immediate industrial impact
French Minister Agnès Pannier-Runacher condemns the parliamentary moratorium on new renewable energy installations, warning of the potential loss of 150,000 industrial jobs and increased energy dependence on foreign countries.
New European Battery Regulation Disrupts Europe’s Industrial Sector
The European battery regulation, fully effective from August 18, significantly alters industrial requirements related to electric cars and bicycles, imposing strict rules on recycling, supply chains, and transparency for companies.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING