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ELECTRICITY: WEALTH, MONEY, POWER
Canadian industries have prospered for more than a century on the country’s abundance of cheap, reliable electrical power
Generated primarily by water, our power supplies have attracted and supported energy-intensive industries such as mining.. In fact Canada consumes more electricity on a per person basis than any country except for Norway
(8) Electricity is a significant source of export income for Canada
(9) But in the 1970s, Canadian exports rose sharply to address the U.S. demand for cheaper and more reliable sources of power.
In 1985, exports of Canadian electrical power reached 1,400 million US dollars
(10) Net electricit exports account for more than 60 % of Canada’s balance of trade.
Domestically Canada continues to generate electrical power, primarily from water...
(11) Exports of electricity are now subject to forces far