Report / March 22, 2021

State of the Canadian Electricity Industry 2021

Executive Summary

Every year at the Canadian Electricity Association (CEA), we step back, take stock and, in our best attempt at punditry, endeavour to describe the state of the Canadian electricity industry. Punditry is involved, given that to effectively describe the state of Canada’s electricity industry requires not simply describing its current state, but also looking to the future of the sector. And to look forward, we must consider as the starting point not only where we are, but also where we have come from.



Net Zero by 2050 Targets

Canada is undergoing an energy transition and has committed to decarbonizing our economy by 2050 resulting in a demand for more clean electricity.