001-48_126_RENEW_SEPT-OCT26_PT - Flipbook - Page 31
Canadian governments, investors, developers, engineers, and
operators can shape what comes next. Get it right, and trillions of
dollars of investment will deliver more than steel, concrete, and cable.
It will build a more productive, resilient, and sovereign Canada.
GOVERNMENT OF ONTARIO
The largest share of Canada’s infrastructure investments will flow to the resources sector, reaching $63 billion annually by 2050.
of these investments—airports, ports, communications
systems—can serve dual applications, strengthening both
defence capabilities and civilian infrastructure needs.
Yet Canada’s infrastructure spending remains highly
concentrated. Resource investments alone will represent
roughly 30 per cent of Canada’s infrastructure mix in 2050.
This isn’t a weakness. Resources are a Canadian strength.
This concentration should be read as a prioritization signal
and prompt infrastructure developers to consider several
questions, including:
• Where does Canada already have a signi昀椀cant advantage?
• Where can infrastructure unlock multiple objectives
simultaneously?
At the same time, other countries are diversifying faster
into sectors that are reshaping energy systems, trade
RENEWCANADA.NET
networks, and digital infrastructure. For example, nuclear
power is expected to grow 45 per cent globally between 2024
and 2050, compared to 11 per cent in Canada, despite several
high-pro昀椀le projects in this country. Elsewhere, ports and
airports—the connectors enabling global trade—will increase
73 and 93 per cent globally, compared to 64 and 78 per cent in
Canada.
While fast-growing emerging economies buoy these global
averages, Canada also risks falling behind other advanced
economies—including the U.S. Looking at the same investment
categories, the U.S. is expected to outpace Canada in nuclear
power (17 versus 11 per cent) airports (99 versus 78 per cent and
several other categories. We see the same pattern elsewhere. For
example, Canada is projected to trail peer countries such as the
U.K. and Australia in attracting data centre investments.
SEPTEMBER/OCTOBER 2026 – RENEW CANADA 31
