Federal government spending $5.9M for prep work on 2 new P.E.I.-N.B. subsea power cables

The Canadian federal government is providing $5.9 million for preliminary work on two new subsea power cables connecting Prince Edward Island and New Brunswick. This project aims to replace aging infrastructure and improve the reliability of the regional electricity grid.
Why it matters
Infrastructure investment is essential for long-term energy security and supporting the transition to more resilient power systems.
The Prince Edward Island-New Brunswick Interconnection Expansion Project would add two new 200-megawatt, 138-kilovolt submarine power cables between the two provinces, along with upgrades to transmission infrastructure and substations in both P.E.I. and New Brunswick, according to a news release Thursday.
The funding will go to P.E.I. Energy Corporation for engineering studies, marine surveys, environmental assessments, stakeholder and Indigenous engagement, regulatory work and early design planning for the proposed project.
“Building a stronger, more affordable, better connected electricity system is essential to Canada’s energy security, economic growth and long-term climate competitiveness,” federal Energy and Natural Resources Minister Tim Hodgson was quoted as saying in the release.
Construction is expected to begin by 2028, the release said.
Ottawa kicks in funding to get the ball rolling on new power cables between P.E.I. and N.B.
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