Energy

Ahead of a likely federal election, Prime Minister Justin Trudeau dropped into Newfoundland and Labrador on Wednesday with a multibillion-dollar bailout package designed to beat down the soaring costs of the contentious Muskrat Falls hydroelectric project and avert a feared bankruptcy.

Quebec’s environment minister recently cited environmental concerns as the reason to axe a proposed multibillion-dollar LNG project, but a glut of natural gas around the world is pushing some to ask if the industry is a dead end for Canada.

After a groundswell of opposition to GNL Québec’s multibillion-dollar natural gas project, the provincial government has rejected the plan. Now advocates say it’s time for other governments to follow suit.

Tighter collaboration between provinces and states to plan and manage power grids is crucial to providing stable power supplies during the switch away from fossil fuels, a new advocacy group says.