Toronto, ON - January 29, 2026 - Today, the Toronto Region Board of Trade released ‘Ontario’s Energy Moment: Get Ready for Prime Time’, urging the federal and provincial governments to take an all-of-government approach to delivering the province’s next generation of energy infrastructure.
Five recommendations to enable Ontario’s energy moment:
- Access to capital: Reduce risk and improve financing conditions to unlock billions in private investment.
- Access to talent: Develop a workforce strategy to reduce labour costs, minimize delays, and support multiple projects moving forward at once.
- Access to new markets: Implement a clear export strategy to take Ontario’s energy, technology, and project expertise to global markets.
- Supply chain readiness: Strengthen domestic supply chains to keep more investment in Ontario and build long-term industrial capacity.
- Streamlined regulatory processes: Cut red tape to keep projects on track, while maintaining strong safety and environmental standards.
Ontario has a once-in-a-generation energy build. Electricity demand is projected to rise 65 percent by 2050, how quickly and affordably we deliver new power will shape the province’s economic future.
Getting execution right will reduce long-term costs for ratepayers, strengthen competitiveness, and help Ontario capture more of the jobs, manufacturing, and export opportunities tied to this build.
The full report is available at bot.com/EnergyMoment
“Ontario has an ambitious energy plan and we support it. But ambition is no longer the hard part, execution is. Our energy system is complex, with many players, overlapping mandates, and duplicative approvals. A piecemeal approach won’t be good enough. This report lays out what must come together across governments to deliver the energy system Ontario needs, at scale and on time.”
— Giles Gherson, President & CEO, Toronto Region Board of Trade
The Toronto Region Board of Trade is one of the largest and most influential business chambers in North America and is a catalyst for the region’s economic agenda. We pursue policy change to drive the growth and competitiveness of the Toronto region and facilitate market opportunities with programs, partnerships and connections to help our members succeed – domestically and internationally.
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