Canada’s Energy Future 2026: Energy Supply and Demand Projections to 2050 is the latest long-term outlook from the Canada Energy Regulator (CER). The Canada’s Energy Future series explores how Canada’s energy system might evolve. Using economic and energy models, we examine how energy supply and demand for energy could change under a range of assumptions from now until 2050.
Since its first publication in 1967, the Canada’s Energy Future series has provided Canadians with scenario-based analysis to inform energy dialogue and decision making. Each edition reflects both continuity and change: continuity in transparent modeling and scenarios and change in the evolving coverage of energy systems.
Since Canada’s Energy Future 2023 was released in 2023, the Canadian and global energy context has been shaped by shifting trade patterns, geopolitical tensions, and evolving climate policy. At the same time, rapid technological developments, particularly in artificial intelligence, and electrification, have the potential to reshape how Canadians produce and use energy.
In this context, this report introduces two new scenarios—Higher scenario and Lower scenario—that create a range of outcomes around the baseline Current Measures scenario. We also update our Canada Net-zero scenario, which examines one possible pathway for Canada to achieve net-zero greenhouse gas emissions by 2050. The report also includes thematic sections on energy security, trade diversification, and resilience, which explore questions of energy self-sufficiency, supply chain resiliency, and trade diversification. It also adds a section on Indigenous perspectives on the future of energy in Canada, highlighting insights shared by Indigenous Peoples on the roles they play today and the roles they seek to play in shaping the future of energy in Canada.
Scenarios can be useful tools in exploring and understanding potential future pathways for Canadian energy. At the same time, there are important limitations to this analysis: