Canada Open for AI Data Centers After Carney’s Energy Shift, Power CEO Says

• Capital Power Corp.'s CEO announced that the Canadian government's relaxation of environmental standards for electricity will enable the construction of new gas-fired power plants in Alberta, facilitating the establishment of large data centers in the region.
• This development is significant for Capital Power Corp. as it opens new opportunities for growth in the energy sector, particularly in supporting the burgeoning demand for data centers driven by advancements in artificial intelligence and technology.
• The shift in energy policy reflects broader trends in Canada's approach to energy production and environmental regulations, as the government seeks to balance economic growth with sustainability, particularly in light of ongoing discussions about oil exports and carbon market reforms.

— via World Pulse Now AI Editorial System