We are pleased to share the key developments that, in our view, shaped 2025 in our annual Year in Review edition of the Shepherd Rubenstein Energy Regulatory Update.
Ontario energy policy and regulation in 2025 was dominated by two things: the response to the trade war initiated by the United States, and the release of the Integrated Energy Plan (IEP), Energy for Generations. In response to the economic uncertainty and tariff impacts, both the Federal Government and the Ontario Government put in place faster approval frameworks for major energy and infrastructure projects to support investment and broader economic objectives. The IEP, in turn, sets out the province’s longer-term direction for planning for demand growth, procuring new supply, and aligning electricity, fuels, and emerging resources. Its influence can be seen across nearly every theme that follows.