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UPDATES
August 13, 2024
Budget 2024 Measures Consultation Draft Note
Yesterday, Finance Canada released draft legislation to implement measures that were outlined in the 2024 Federal Budget. Some of these focus on areas that the government has labelled as “generational fairness,” including changes to the tax code to incentivize the buildout of housing.
May 31, 2024
Hydro-Québec Introduces Wind Development Strategy
Yesterday, Hydro-Québec (HQ) released its "Wind Development Strategy" (the strategy). The strategy outlines HQ's plan to add an additional 10,000 MW of wind capacity to meet an increased demand of 60 TWh by 2035. To achieve this goal, 1,000 to 1,500 MW of new capacity will need to be deployed annually over the next decade.