Canada Can Turn “Natural Advantage” in Marine Clean Power into $200 Billion Play by 2050

Darius Snieckus, Canada’s National Observer | February 18, 2026

“Canada’s nascent marine renewable energy sector could grow into a $200 billion-plus industrial play by mid-century, adding some $500 million a year to the country’s economy in the near-term and supporting more than 115,000 full-time jobs, according to a new forecast.”

“However the figures, released last week by industry group Marine Renewables Canada (MRC) in its Vision 2050 report, came with a warning to Ottawa that it “must act now” or risk squandering a generational industrial opportunity.”