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AES Stockholders Approve Acquisition by Global Infrastructure Partners and EQT-Led Consortium

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ARLINGTON, Va., June 26, 2026 /PRNewswire/ — The AES Corporation (the “Company” or “AES”) (NYSE: AES) today announced that its stockholders voted to approve the Company’s previously announced acquisition by Global Infrastructure Partners (“GIP”), a part of BlackRock, and the EQT Infrastructure VI fund (“EQT”), along with co-underwriters California Public Employees’ Retirement System (“CalPERS”) and Qatar Investment Authority (“QIA”) (collectively “the Consortium”), at the Company’s Meeting of Stockholders held earlier today.

As previously announced, under the terms of the merger agreement the Consortium will acquire all outstanding common shares of AES for $15.00 per share in cash, representing a total equity value of approximately $10.7 billion and an enterprise value of approximately $33.4 billion, including the assumption of existing debt1.

“We are grateful for the strong support from our stockholders,” said Holly Koeppel, Lead Independent Director of AES’ Board of Directors. “Today’s vote reinforces our conviction that this transaction meaningfully enhances value while positioning AES for its next phase of growth. With the deep sector expertise of the Consortium, AES will have greater flexibility to invest in the critical energy solutions our customers and communities depend on. We look forward to working with the Consortium to complete the transaction, advance our shared mission, and create long-term value for all stakeholders.”

“Our team has built a differentiated platform spanning regulated utilities, clean energy solutions and critical energy infrastructure, creating a strong foundation for sustained growth,” said Andrés Gluski, Chairman and Chief Executive Officer of AES. “With today’s approval by stockholders, we are focused on executing the remaining steps towards completing the transaction and partnering with the Consortium to expand our capacity to deliver reliable, affordable and sustainable energy.”

Based on the preliminary vote count from today’s special meeting of stockholders, approximately 97.92% of AES stockholders votes were cast in favor of the proposed transaction, representing approximately 67.17% of all outstanding shares. The final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission.

The transaction is expected to close in late 2026 or early 2027, and remains subject to the receipt of applicable federal, state and foreign regulatory approvals and the satisfaction of other customary closing conditions.

About AES

The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we’re improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.

About Global Infrastructure Partners (GIP), a Part of BlackRock

Global Infrastructure Partners (GIP), a part of BlackRock, is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors.

GIP’s scaled platform has over $206 billion in assets under management. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our clients’ capital and create positive economic impact for communities.

About EQT

EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

About CalPERS

CalPERS is the largest defined benefit public pension fund in the U.S., with a net position of $597.7 billion in its Public Employees’ Retirement Fund as of March 31, 2026. The portfolio invests in stocks, bonds, real estate, infrastructure, private equity, inflation-linked assets and other public and private investment vehicles, with a goal to generate total returns on a long-term basis while managing risk. Headquartered in Sacramento, California, CalPERS serves nearly 2.4 million members, providing retirement benefits to state, school, and public employees, along with health benefit services to 1.5 million members.

About QIA

QIA is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results but instead constitute AES’ current expectations based on reasonable assumptions.  Estimates and projections regarding, among other things, the expected date of closing of the transaction and the potential benefits thereof, its business and industry, management’s beliefs and certain assumptions made by AES, all of which are subject to change.  Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels, and rates of return consistent with prior experience.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, the risks discussed under Item 1A: “Risk Factors” and Item 7: “Management’s Discussion & Analysis” in AES’ 2025 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.

Any Stockholder who desires a copy of the Company’s 2025 Annual Report on Form 10-K filed March 2, 2026 with the SEC may obtain a copy (excluding the exhibits thereto) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Annual Report on Form 10-K may be obtained by visiting the Company’s website at www.aes.com.

Contacts

AES Investor Contact:
Max Trask 571-217-3249, max.trask@aes.com

AES Media Contact:
Amy Ackerman 703-682-6399, amy.ackerman@aes.com

GIP Contact:
Mustafa Riffat, 917-747-4156, mustafa.riffat@blackrock.com

EQT Contact:
Mathilde Milch, 917-510-6626, mathilde.milch@eqtpartners.com

Press Release
Investor Contact: Max Trask 571-217-3249, max.trask@aes.com
Media Contact: Amy Ackerman 703-682-6399, amy.ackerman@aes.com

1Enterprise value based on proportional net debt of $22,724 million and a share count of 712 million, as of December 31, 2025. Consolidated net debt was $27,561 million as of December 31, 2025.

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SOURCE The AES Corporation

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Canada takes action to advance a stronger grid and increase reliable, affordable energy

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YELLOWKNIFE, NT, June 26, 2026 /CNW/ – The world is changing rapidly: global trade has been upended, artificial intelligence is scaling at speed, and climate change is intensifying. In response, the Government of Canada is focused on what we can control: building an electricity grid that can underpin Canada’s energy security, affordability and competitiveness. Reliable, affordable, low-emissions power is only gaining importance as electricity demand in Canada is expected to double by 2050 — presenting an enormous opportunity for Canada to build a sustainable, affordable, prosperous future.

To that end, on May 14, 2026, Canada announced a forthcoming National Electricity Strategy. To develop this strategy, consultations have been launched with provinces, territories, Indigenous Peoples, utilities and unions. A key pillar of our Strategy — and area of consultation — will be connecting Canada’s fragmented grids through new and expanded transmission lines. Transmission lines are critical to our mission to build one economy out of thirteen, be our own best customer, and catalyze billions in investment. To catalyze these projects, the Government of Canada has referred the Transmission InterConnect Investment Strategy to the Major Projects Office, which will identify high-priority transmission projects, as well as possible financial solutions to help them move forward.  

Today, following discussions at the Energy and Mines Minister’s Conference (EMMC), the Honourable Tim Hodgson, Minister of Energy and Natural Resources announced that the federal government will prioritize financial and regulatory support for the following transmission projects:

The British Columbia–Yukon Grid ConnectThe project is an approximately 800-km, +200-kV, high-voltage, direct current transmission line connecting Yukon’s grid to British Columbia. The project would support industrial and economic development in Yukon, including the critical minerals sector. It has been supported by a $40-million investment from Natural Resources Canada.Restoring capability on the Alberta–British Columbia intertieRestoring the Alberta–British Columbia intertie will increase electricity trade capacity by ~150 MW between the two provinces, enhancing reliability and affordability for British Columbians and Albertans.Upgrading the Alberta–Saskatchewan intertieThis project involves replacing and enhancing the McNeill converter station near Medicine Hat with updated technology to increase the existing intertie’s trade capacity by ~250 MW and extend its lifespan.The Saskatchewan–Manitoba intertie expansionThe scalable project would expand that intertie’s transfer capability by up to two gigawatts along the Regina–Winnipeg Corridor, significantly enhancing the energy partnership between the two provinces.The Prince Edward Island–New Brunswick Interconnection Expansion ProjectThe proposed project includes new sub-sea cables connecting PEI and New Brunswick while also reinforcing the transmission system linking Nova Scotia, New Brunswick, and PEI. The project would enhance regional system reliability and trade in the Maritimes.

Through the EMMC, the National Electricity Strategy, the Transmission InterConnect Investment Strategy, and other work being advanced, the Government of Canada is also:

Moving forward with support for electricity projects, including interties, via the Clean Electricity Investment Tax Credit, the Canada Infrastructure Bank, and NRCan’s Smart Renewables and Electrification Pathways program.Implementing a Federal-Provincial-Territorial Framework on Interties, as supported by Ministers at EMMC 2026. The Framework will establish collaborative mechanisms to support regional system planning and co-ordination and develop a standard cost allocation mechanism to guide and arbitrate costs among project participants, including the federal government.Examining federal supports, including targeted investments for infrastructure, energy planning and deployment of made-in-Canada technologies, such as advanced grid controls and digitalization, that contribute to reliability and affordability in the North.

Intertie projects will make Canada’s electricity system more reliable, affordable, and sovereign. The federal government is committed to partnering with provinces, territories, Indigenous communities and utilities to build a connected, secure, affordable energy system for Canadians across the country. 

Quote

“It’s simple: intertie projects build Canada Strong. Our government has moved assertively to build one economy out of thirteen and give ourselves more than anyone else can take away, and the electricity grid is an obvious next step. By working together, we can ensure every Canadian from coast to coast to coast can rely on secure, homegrown electricity to support our national security, economic growth and a sustainable, affordable future.”

The Honourable Tim Hodgson
Minister of Energy and Natural Resources

Quick Facts

Today, approximately 80 percent of all electricity generation in Canada is non-emitting.Canada has the lowest residential electricity costs in the G7, the second-lowest industrial electricity costs in the G7 and the OECD, and the second-highest share of clean energy generation in the G7.Approximately $3 trillion is spent globally every year on electricity grids, efficiency, and electrification — with clean energy deployment accounting for the majority of new additions to electricity generation. By 2030, renewables are set to contribute the highest share of global electricity generation, according to the International Energy Agency.Canada’s new government is already advancing strategic investments in the modernization and expansion of Canada’s electricity infrastructure, including:Major clean economy Investment Tax Credits, such as those for clean electricity, clean technology and carbon capture, utilization, and storage.Strategic financing through the Canada Infrastructure Bank (with a $20-billion clean energy target), the Canada Growth Fund and the Indigenous Loan Guarantee Program (envelope doubled from $5 billion to $10 billion).Programming targeted at priority areas in the electricity sector, including the $4.5-billion Smart Renewables and Electrification Pathways Program.A new Productivity Super-Deduction — a set of enhanced tax incentives covering all new capital investment that allows businesses to write off a larger share of the cost of these investments right away.The Electric Vehicle Affordability Program, which makes it more affordable for Canadians to buy or lease electric vehicles.

Associated Links

Powering Canada Strong: A National Strategy for an Electrified Canadian

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

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Streamline Expands Leo AI Agent, Bringing Agentic AI Across Its Property Management, Website, and Digital Marketing Platform

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Building on AI agents delivered since 2024, Streamline by Inhabit connects listing optimization, AI search visibility, on-site conversational search, and seamless reservations while improving owner acquisition, retention, bookings, and operational efficiency.

CHANDLER, Ariz., June 26, 2026 /PRNewswire/ — Streamline®, the enterprise-grade property management software (PMS) solution built for professional property managers and part of the Inhabit® ecosystem, announced an expansion of its agentic AI capabilities. Leo AI was developed to drive measurable business outcomes across acquisition, conversion, operations, and portfolio performance.

Streamline’s unified platform brings together PMS, revenue management, professional websites, digital marketing services, payments, and insurance. With this release, Leo AI extends across the PMS, website, and digital marketing ecosystem to connect the full booking journey, helping property managers grow portfolios, increase bookings, and operate 15–25% more efficiently without adding headcount.

Leo AI is more than a collection of AI features. It is an intelligent operating layer that connects every stage of the vacation rental lifecycle. Rather than deploying isolated AI assistants, Streamline orchestrates specialized AI agents across property management, websites, digital marketing, guest engagement, revenue optimization, and business operations. This connected approach allows property managers to automate workflows, surface insights, and execute work across the platform from a single source of truth.

A PLATFORM BUILT FOR PERFORMANCE
Streamline has been delivering AI for property managers since 2024 and now extends that work across the platform with an expanded Leo AI Agent, an advanced Answer Engine Optimization (AEO) service, and the Partner X API for custom agents.

The result is a connected system that drives direct bookings, helps win and retain owners, and reduces operational costs by 15–25%.

Unlike standalone AI tools that solve individual tasks, Leo AI coordinates specialized agents that share context across the Streamline platform. This enables property managers to move beyond AI-assisted work toward AI-enabled business operations, where multiple agents collaborate to improve acquisition, bookings, guest satisfaction, operational efficiency, and long-term portfolio growth.

“We’ve been pioneering AI for property managers since before it became popular. What sets this release apart is its interconnectivity. Working across property management, websites, and digital marketing, Leo AI gives property managers the flexibility to stay as hands-on or hands-off as they choose.”

— Sofia Rossato, EVP Short Term Rental Division, Inhabit

A CONNECTED AI WORKFORCE

Leo AI is built as a growing network of specialized AI agents, each designed to solve a specific business problem while working together through shared property, guest, owner, and operational data. As additional agents are introduced, they become part of the same connected ecosystem, allowing property managers to automate increasingly complex business processes without adding operational complexity.

Every interaction across the Streamline platform creates intelligence that benefits the next. Better listings improve discovery. Better discovery drives more qualified travelers. Better conversations increase conversion. Better bookings improve operational planning. Better operations strengthen owner relationships. Leo AI continuously connects these moments to improve performance across the entire business.

HOW THE PIECES WORK TOGETHER

This release of Leo AI follows the booking journey from listing creation to discovery, conversion, and reservation, all while improving outcomes at every step.

Leo AI Listing Optimization

The Listing Agent bulk-optimizes content across OTAs and direct websites using property data and guest review sentiment. This creates higher-performing listings that better reflect what guests value, improving conversion while setting accurate expectations that reduce cancellations.AI-optimized content drives up to 125% higher conversion, and each 0.1-star increase in reviews can drive an additional 3–5% lift in conversion.

AEO that Wins

Streamline’s new AEO service continuously optimizes websites for discovery in AI-powered search tools like ChatGPT, Perplexity, and Claude, creating demand from a channel where many competitors remain invisible.Greater visibility helps property managers position themselves as tech-forward partners to owners, supporting new owner acquisition while increasing direct bookings.

Conversational Search that Converts

Travelers can search in plain language on the property manager’s website instead of navigating filters. This reduces friction in the booking process and captures demand that would otherwise be lost.By improving how high-intent travelers find the right property faster, Leo AI’s conversational search increases conversion.

Seamless Reservation Flow

Because these capabilities exist within one platform, bookings move directly into the Streamline PMS without disconnected tools or manual handoffs.This creates a faster, more reliable booking process while reducing operational friction and improving data consistency across systems.

Build Your Own Agents with Partner X

Custom agents can be built on Streamline data for reporting, operations, and cross-system workflows, allowing teams to eliminate reporting bottlenecks, move faster, and scale processes without adding tools or increasing complexity.

“With Partner X, we’re not just using Streamline’s AI agents, we’re building our own on top of our Streamline data. Using the open APIs, JZ Vacation Rentals has built custom agents for everything from listing optimization to automated reporting, tailored exactly to how we operate. It means we can build what we need and move as fast as our business does.” — Alex Zemianek, CEO, JZ Vacation Rentals 

Support of your Entire Team, with Leo Operations Agent 

The Leo Operations Agent provides instant, accurate answers directly within Streamline. With this feature, new hires can perform like experienced team members from day one, speeding up onboarding, improving staff productivity, and reducing reliance on institutional knowledge.

BUILT ON EXPERIENCE, ALL UNDER YOUR CONTROL

Streamline pairs two decades of experience with AI agents refined since 2024. As with all Streamline AI capabilities, property managers have oversight over what is published and shared. AI operates only on owned data, identifies itself in guest interactions, and requires human review and approval for all outputs.

HOW LEO AI ACCELERATES SHORT TERM RENTAL SUCCESS

The latest Leo AI release goes beyond marketing and booking. Leo AI impacts the full operation:

Owner Acquisition and Retention

AI search visibility and pitch-ready listings help win new owners.Transparent, owner-ready performance insights drive churn reduction.Stronger results and reporting help lock in recurring management revenue.

Bookings, Revenue and RevPAR

More bookings come from improved discovery and higher-performing listings.Better content and stronger reviews increase pricing power.When paired with RevMax pricing, this drives portfolio-wide RevPAR growth.

Operational Efficiency

AI-driven automation reduces manual workload.Operating costs can decrease by 15–25%, or $50K–$100K annually for a 50-property portfolio.Teams shift from reactive work to strategic execution.

Guest Experience and Retention

Faster responses and clearer expectations improve guest satisfaction and reviews.Stronger reviews contribute to higher conversion and fewer cancellations.Proactive issue resolution reduces after-hours escalations.

AVAILABILITY
The expanded Leo AI Agent, AEO service, conversational search, Leo Operations Agent, and Partner X API are available now. Streamline will continue to expand Leo AI over the coming year, including suggested responses for guest communication and review management.

To learn more, visit Inhabit or Streamline.

About Inhabit

Inhabit® is a global PropTech software company serving the residential and short-term rental property management industries. Our 1,100+ team members drive strategic partnerships, deliver best-in-class software solutions and services, and foster innovation and collaboration across software, payments, and insurance. Learn more at www.inhabit.com.

About Streamline

Streamline® Vacation Rental Software by Inhabit® is the property management software built for property managers, by property management professionals. As an early leader in the short-term rental space, the software continues to evolve with a robust innovation roadmap, powered by feedback and strong partnerships. Streamline is the only platform property managers need to run every aspect of their business. Learn more at www.streamlinevrs.com.

Media Contact
Jordan Daniels | jordan.daniels@inhabit.com

More information visit www.inhabit.com.

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Minister Hodgson advances Canada’s mission to be an energy superpower at EMMC 2026

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YELLOWKNIFE, NT, June 26, 2026 /CNW/ – As the world experiences an energy crisis with three dimensions — affordability, energy security and climate change — Canada faces a generational opportunity to unlock our natural resource abundance and provide for ourselves and our allies. The federal government is choosing to seize this pivotal moment to strengthen our position as a global energy superpower and to build a strong, prosperous, sovereign Canada.

This week, while attending the 2026 Energy and Mine Ministers’ Conference (EMMC) in Yellowknife, Northwest Territories — the annual gathering of federal, provincial and territorial ministers responsible for energy and mining — the Honourable Tim Hodgson, Minister of Energy and Natural Resources, advanced key actions the Government of Canada is taking to strengthen our mining and energy sectors.

Strengthening Domestic Energy Availability and Security

The energy crisis unfolding globally due to the conflict in the Middle East is a reminder that energy security is national security. At EMMC, federal, provincial and territorial ministers agreed to work together urgently to identify and address potential points of energy infrastructure vulnerability within Canada while advancing co-ordinated action to enhance system reliability and resilience, advance electricity interties, expand Canadian biofuels production and improve collaboration on information sharing and emergency responses to energy disruptions.

Being an energy superpower for decades to come also means scaling up clean energy and strengthening our electricity grids to provide reliable, affordable and clean power across the country.

To that end, on the margins of the EMMC, Minister Hodgson announced over $16 million to support clean energy infrastructure projects in British Columbia, the Yukon and the Northwest Territories. These investments are helping to strengthen regional energy security, create new jobs and economic opportunity and build a cleaner grid.

Building a Stronger and Better-Connected Grid

During EMMC, Minister Hodgson advanced the Government of Canada’s commitment — outlined in Powering Canada Strong: A National Strategy for an Electrified Canadian Economy — to support intertie and interprovincial transmission projects. In partnership with provincial and territorial ministers, he identified five priority interties across the country. The Government of Canada is committed to supporting these projects, which will help to build the affordable, reliable, electricity system of the future for Canadians across the country.

Unlocking Canada’s Mineral Potential

Canada is acting with urgency to unlock the full potential of our critical minerals by building projects that will mine, process and transport our resources to markets at home and abroad.

This week in Yellowknife, Minister Hodgson announced up to $73 million to advance sustainable mining, strengthen Indigenous partnership and leadership in the mining sector, and build the infrastructure needed to connect Canadian critical minerals to global markets.

At the EMMC, the Minister also highlighted the next steps in the creation of the Canadian Digital Core Library — a national platform that will facilitate access to digitized drill core data from across the country, helping us understand the resources beneath our feet and catalyze smart private sector investment in Canadian mining. An investment of up to $15 million from Natural Resources Canada will support the development of the national digital platform. Further, through memoranda of understanding and letters of intent with 10 provinces and territories, and with partnerships with six major mining companies, Canada is building a co-ordinated, pan-Canadian approach to managing and sharing drill core data, which is currently fragmented across federal, provincial, territorial and private-sector core repositories.

Canada and the provinces and territories also released a joint statement on mineral claims, promoting responsible investment, ownership transparency and active development of Canada’s mineral potential.

Advancing momentum together

Now more than ever, Canada must come together to seize the opportunity before us to build a stronger, more prosperous and more secure nation, for everyone who lives here and for the generations to come. Guided by EMMC’s theme “Securing Canada’s Critical Mineral and Energy Advantage,” Minister Hodgson highlighted the need for a Team Canada approach, including meaningful Indigenous partnership, to strengthen energy and critical mineral security, build major projects, improve regulatory efficiency, support investment and job creation, and position Canada as a reliable global supplier amidst a volatile landscape.

The Government of Canada is committed to delivery across our energy and natural resources sector. Together with provinces, territories, Indigenous Peoples and industry partners, we will do what is required to ensure Canada’s economy remains strong, sustainable and sovereign.

Quote

“At a time of growing global competition and shifting supply chains, our government is moving with urgency to get projects built, secure our sovereignty and make the most of the natural resource advantage with which we have been blessed. What we have demonstrated this week at EMMC is clear: Team Canada is focused on delivery. By aligning governments, sectors and national priorities, we are securing Canada’s energy future and strengthening our position as a global leader in critical minerals.”

The Honourable Tim Hodgson
Minister of Energy and Natural Resources

Quick Facts

On May 14, Prime Minister Carney announced a forthcoming National Electricity Strategy that will aim to double the capacity of our grid by 2050 and supply clean, reliable, affordable power across the country for decades to come. To develop this strategy, the government launched consultations with provinces, territories, Indigenous Peoples, utilities and unions to identify the actions needed to double our grid most effectively and affordably.Canada produces over 60 minerals and metals, including the 34 critical minerals identified on the Critical Minerals List. Canada has the potential to supply even more critical minerals to both domestic and international markets.In 2025, Canada ranked among the top five global producers of 11 critical minerals, including potash, niobium, uranium, palladium, indium, aluminum, platinum, cobalt, nickel, helium and tellurium.As of May 2026, Canada is home to 59 active operating mines and wells producing critical minerals, 31 critical minerals processing facilities and 170 advanced critical minerals projects. Canada’s mining sector employs over 109,000 Canadians, including 17,000 Indigenous people.At a time of global instability, Canada’s lower-carbon, low-cost, reliable oil and LNG are uniquely positioned to meet global demand and help us diversify our exports. Canada’s Major Projects Office is advancing nation-building projects — including innovative technologies such as the Pathways carbon capture project and LNG facilities powered by clean hydro power — that will drive down global emissions while strengthening the resilience of the conventional energy sector.In Canada, crude oil production reached a record 5.4 million barrels per day in 2025 and continues at record levels. Canada is the fourth-largest oil producer globally and contributes seven percent of global demand.

Related Products

The Government of Canada invests in clean electricity in British Columbia, Yukon and the Northwest TerritoriesCanada takes action to advance a stronger grid and increase reliable, affordable energyMinister Hodgson accelerates Canada’s mining sectorMinister Hodgson advances Canadian Digital Core Library at EMMC 2026 Energy and Mines Ministers Unite on Energy Security and Global Competitiveness for CanadaJoint Statement from Federal, Provincial and Territorial Ministers Responsible for MinesReport: Growing a Resilient Canadian Biofuel Sector

Associated Links

Canadian Critical Minerals StrategyCanadian Digital Core LibraryPrograms and funding for critical minerals projectsPowering Canada Strong: A National Strategy for an Electrified Canadian Economy 

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

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