Report

Canada’s nation-building ambitions call for a doubling of electricity supply by 2050. Transformers, power lines, and other physical infrastructure are essential to meeting that goal, and now is the time to secure the supply chains that will make grid expansion possible.

Prices for transformers, switchgear, and cable have each risen more than 50 percent since 2020, and large power transformers can now take two to four years to arrive. As electrification increases around the world, global demand for grid equipment will only grow.

This analysis maps where Canada stands and what we can do now to ensure we’ll have the equipment needed to deliver affordable, abundant electricity when and where it’s needed:

  • Where Canada can expand production at home, from transformers to switchgear
  • Where it needs allies, including the specialized steel used in transformer cores
  • How pooling grid purchases can give manufacturers the certainty to invest

By working with other middle powers to pool demand and coordinate investment, Canada can reduce supply risks and keep its nation-building agenda on track.

About the Author

Securing Canada’s Grid Equipment Supply Chains

Nick Martin, Rami Fakhoury, Aysha Cotterill and Bentley Allan
October 2026

Canada’s nation-building ambitions call for a doubling of electricity supply by 2050. Transformers, power lines, and other physical infrastructure are essential to meeting that goal, and now is the time to secure the supply chains that will make grid expansion possible.

Prices for transformers, switchgear, and cable have each risen more than 50 percent since 2020, and large power transformers can now take two to four years to arrive. As electrification increases around the world, global demand for grid equipment will only grow.

This analysis maps where Canada stands and what we can do now to ensure we’ll have the equipment needed to deliver affordable, abundant electricity when and where it’s needed:

  • Where Canada can expand production at home, from transformers to switchgear
  • Where it needs allies, including the specialized steel used in transformer cores
  • How pooling grid purchases can give manufacturers the certainty to invest

By working with other middle powers to pool demand and coordinate investment, Canada can reduce supply risks and keep its nation-building agenda on track.