Feb 9 • 12:37 UTC 🇨🇦 Canada National Post

FIRST READING: How Canada squandered its most valuable national asset

The article discusses Canada's declining status as a producer of cheap electricity and its shift to becoming a net importer of power, highlighting political tensions with the United States.

The article examines Canada's transformation from a nation once recognized for its abundant and inexpensive electricity to one that now imports power. Historically, Canada's vast resources in hydro and nuclear energy made it a crucial power provider, particularly to the United States. However, recent developments indicate a shift in this dynamic, raising concerns about energy security and economic implications.

A key moment mentioned is Ontario Premier Doug Ford's threat in early 2025 to cut off electricity exports to the U.S. during tariff tensions, illustrating the desperation and seriousness of the situation. The article notes that whereas Canada’s electricity was once seen as a cornerstone asset for both domestic use and international trade, current policies and circumstances have undermined this strength, with potential repercussions affecting millions of homes in the U.S.

In conclusion, the article reflects on the significant changes in Canada's energy landscape, prompting discussions about future policies that could restore its position as a leading electricity supplier. The narrative underscores the importance of addressing domestic energy needs while considering international relationships, especially in contexts of rising political tensions.

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