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Canada 2022
…policies of its member countries. This process supports energy policy development and encourages the exchange of international best practices and experiences.Since the last IEA review in 2015, Canada has made a series of enterprising international and domestic commitments to put the country on a path towards transforming its energy system, including a target to cut greenhouse gas emissions by 40‑45% by 2030 from 2005 levels and to reach net zero emissions by 2050. Canada’s energy transformation presents both challenges and opportunities given its profile as a major producer, consumer and exporter of energy, and its highly decentralised government…
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Canada Electricity Security Policy
…coordinate response efforts among industry participants, and with state, federal, and provincial governments in the US and Canada.Canada has one of the cleanest electricity systems in the world, with most of its generation in 2019 coming from non-emitting sources, including hydro, other renewables and nuclear. Canada’s longer-term trajectory to reach net zero emissions in 2050 calls for electrifying much of its fossil fuel dominated sectors, such as transportation, buildings, industry, and oil and gas production, while also further increasing the integration of variable renewables. Electricity infrastructure Network : transmission and distribution In Canada, one transmission provider dominates each…
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Canada Natural Gas Security Policy
Country Energy Security Policy - Natural Gas Natural gas overview Canada’s policy for emergency gas response, similar to that for oil, reflects its role as a major producer and net exporter, with vast volumes of gas supplies in a well-integrated market with extensive pipeline networks both within Canada and across the border with the United States. In this context, Canada’s gas emergency policy is generally geared towards short-term regional or local disruptions rather than a more widespread or long-lasting supply outage. The gas industry itself has the primary responsibility for ensuring security of supply and responding…
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Canada Oil Security Policy
Country Energy Security Policy - Oil Oil overview Canada’s oil emergency response policy reflects its role as a major net exporter of oil. As such, Canada does not have an IEA stockholding obligation, does not hold any public emergency oil stocks, nor does it impose stockholding obligations on industry. With a robust oil industry and supply infrastructure, Canada’s emergency policy relies primarily on a well-functioning market to ensure supply security, while at the same time reflecting the jurisdictional authority of provinces and territories over energy resources. In an IEA collective action, Canada would likely contribute with demand restraint…