• Emera inks Canadian Utilities merger deal with ATCO to create $72B energy ‘powerhouse’

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-06 18:16:49.0
  Tags: [National, Nova Scotia, Alberta, Energy, Infrastructure, Economy]

  Halifax-based Emera Inc. and ATCO subsidiary Canadian Utilities Ltd. have agreed to an all-stock merger to create a $72 billion energy utility powerhouse, marking what is expected to be the largest merger in Canadian history between two domestic companies. Under the agreement, existing Emera shareholders will own approximately 60 percent of the combined utility, while former ATCO and Canadian Utilities shareholders will own roughly 40 percent. The combined entity will maintain corporate and operational headquarters in Halifax, Calgary, Edmonton, and Perth, Australia, while ATCO's industrial services, housing, and defence businesses will be spun out into a separate public company led by ATCO CEO Nancy Southern.

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• From pipelines, to railways and AI: Ottawa pitches 167 projects ahead of Carney's investment summit

  Source: CBC Politics
  Date: 2026-09-10 21:20:00.0
  Tags: [National, Alberta, British Columbia, Nova Scotia, Infrastructure, Energy, Transportation, Economy, Technology]

  The federal government has released a 66-page prospectus outlining 167 investment projects across eight sectors ahead of the Canada Investment Summit in Toronto, co-hosted by Prime Minister Mark Carney alongside the Canada Pension Plan Investment Board and Public Sector Pension Investment Board to attract $1 trillion in international capital. Notable infrastructure and energy proposals featured in the document include a $57 billion US expansion of the Port of Churchill, a $44 billion Nova Scotia Wind West offshore wind project, a $35 billion West Coast Oil Pipeline connecting Alberta crude to British Columbia, a $28.5 billion Ksi Lisims LNG terminal project on the B.C. coast, a $10.9 billion Calgary-to-Edmonton high-speed passenger rail line, a $2.1 billion US South Bow Prairie Connector pipeline expansion, and a $14.5 billion data centre near Medicine Hat, Alberta. The pitch aims to diversify Canada's trade and energy export markets amid escalating U.S.-Canada trade tensions while highlighting assets ranging from fully permitted, shovel-ready initiatives to preliminary-stage critical mineral developments.

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