Emera is acquiring Canadian Utilities in a deal creating a $72-billion Halifax-headquartered utility — among North America's largest — built to chase skyrocketing electricity demand.
AI data centres, EVs, heat pumps: the grid must double while rates stay sane. Only giants can finance that buildout.
Bigger utilities promise efficiency; critics hear monopoly. Watch whether savings reach bills — or just dividends.
Sources: CBC News. Context from the Young Hadene newsroom.
$72 billion — among North America's largest.
Scale to finance grid growth from AI, EVs and heating.