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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 Natural Gas Security Policy
…in natural gas infrastructure since 2016, reflecting growth of the Montney basin in Northeast British Columbia and Northwestern Alberta, as well as other shale basins in western Canada. These have been primarily focused on expanding one of Canada’s main pipeline systems, TransCanada’s Nova Gas Transmission Limited (NGTL). The NGTL system, which delivers 75% of Alberta and British Columbia’s natural gas production to national and export markets, is currently undergoing a CAD 9.9 billion (Canadian dollars) expansion programme to address bottlenecks and capacity constraints in the long term. Despite significant build out, challenges remain in natural gas.…
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Canada Oil Security Policy
…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 measures, either with the federal government coordinating voluntary steps by the provinces and territories, or by mandating implementation under a declared national emergency…
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Canada Electricity Security Policy
Country Energy Security Policy - Electricity Electricity overview and generation portfolio Most of Canada’s electricity systems are part of the integrated North American market, with 98% of Canadians connected to the continent’s bulk power system. Electricity is regularly traded in both directions between Canada and the United States (‘US’ hereafter) (with Canada a net exporter to the US overall). This robust interconnectivity with 37 north-south cross-border transmission lines adds to the east-west tie lines across provincial borders, and allows for a high degree of reliability and resilience to seasonal or unplanned changes in supply and demand…