An Act respecting the development of a national renewable energy strategy
The bill mandates the Minister of Natural Resources to develop and implement a national strategy to ensure that 100% of Canada’s electricity is generated from renewable sources by December 31, 2030. It requires annual prioritization of renewable projects, increased R&D investment, federal–provincial cooperation to create new large-scale public electric utilities, and incentives focused on start-up costs for solar, wind, tidal, and biomass projects and property retrofits. The Minister must table the strategy within two years and report on its effectiveness every three years thereafter. The bill excludes non-renewable generation (including nuclear) from the 2030 target.
Although ambitious and supportive of clean-energy investment, the bill’s rigid 2030 mandate (excluding nuclear), project quotas, and expansion of public utilities risk higher electricity costs, reliability issues, and added bureaucracy—undermining productivity, competitiveness, and overall prosperity.
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A hard 2030 deadline for 100% renewables (excluding nuclear) risks higher power costs and reliability challenges that could suppress growth and incomes.
It imposes command-and-control targets (100% renewables, project ratios) and promotes new public utilities, expanding state direction over market choices.
An aggressive timeline that sidelines existing nuclear and gas capacity could jeopardize grid reliability and raise industrial electricity prices, harming productivity.
While it may stimulate clean-tech supply chains, the bill does not directly address export markets or trade competitiveness.
It explicitly boosts R&D and offers incentives for new renewable projects and retrofits, which can catalyze private investment in clean energy.
Creating new large-scale public utilities and layering reporting/consultation obligations likely increases bureaucracy and fiscal exposure without clear cost controls.
It mentions incentives but not broad-based tax reforms tied to work, risk-taking, or innovation beyond renewable start-ups.
The 100% renewable electricity mandate is a bold, system-scale objective aimed at transformative change.
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