AGP Executive Report
Last update: 7 hours agoClean Power Push: Prime Minister Mark Carney is set to unveil Thursday’s clean electricity strategy, aiming to “knit together” provincial grids and chart a path to doubling Canada’s power grid capacity by 2050. Submarine Race: South Korea and Germany are in the final stretch for Canada’s 12-submarine deal, with Carney expected to decide by end of Q2 2026. Industrial Carbon Pricing: Ottawa and Alberta are nearing a deal on industrial carbon pricing, with reporting pointing to a $130/tonne rate by 2040. Markets & Rates: A new wave of rate expectations is being driven by inflation fears tied to Middle East conflict and broader uncertainty. Energy & Resources: Northland Power posted stronger Q1 results on higher wind output and construction progress; Ongwe says new drilling at its Manga prospect in Namibia supports a larger gold zone. Tech & Privacy: Signal warns it would pull out of Canada if Bill C-22 forces it to weaken encryption.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.