Champagne Tells Halifax Business Crowd: Energy Investments Are Canada's Future
He said Canada needs a strong energy base as artificial intelligence companies seek billions for power-hungry data centres.
- On Thursday, Finance Minister Philippe Champagne told a Halifax Chamber breakfast that Ottawa is investing in energy infrastructure to create a foundation for 21st-century economic growth.
- Canada has seen an explosion in interest from artificial intelligence companies in recent months as they seek to build energy-intensive data centres leveraging the country's abundant natural resources.
- Premier Tim Houston is in Boston at the Canada Executive Energy Conference discussing the $60 billion Wind West project, which allocates $40 billion for turbine infrastructure and $20 billion for transmission lines.
- Sector volatility persists as Nvidia stocks plummeted today following the resignation of its CEO amid a sex and spying scandal, tempering investor confidence despite long-term planning emphasis.
- The federal government is investing $5 million in ocean buoys to measure wind speeds, helping inform prospective investors ahead of a call for bids in winter 2027.
12 Articles
12 Articles
Canada's Minister of Finance said Ottawa is investing in energy infrastructure to lay the foundation for new technologies that will fuel the 21st century economy.
Finance minister says energy investments set the stage for Canada’s economic growth
Canada’s finance minister says Ottawa is investing in energy infrastructure to create a foundational base for the new technologies that will power the 21st century economy. François-Philippe Champagne told a group of business people in Halifax on Nov. 12 that history has shown economies with plenty of energy resources do better in the long run. He said the world is moving toward electrification in almost every area of the economy, including the …
The Toronto Star
Loonie PoliticsChampagne says energy investments set the stage for Canada’s future economic growth
HALIFAX - Canada’s finance minister says Ottawa is investing in energy infrastructure to create a foundational base for the new technologies that will power the 21st century economy.
Winnipeg Free Press
Champagne says energy investments set the stage for Canada's future economic growth
HALIFAX - Canada’s finance minister says Ottawa is investing in energy infrastructure to create a foundational base for the new technologies that will power the 21st century economy.
Canada's Minister of Finance said Ottawa is investing in energy infrastructure to lay the foundation for new technologies that will fuel the 21st century economy.
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