09:24:24 EDT Wed 25 Mar 2026
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USA
CA



Stantec Inc
Symbol STN
Shares Issued 114,066,995
Close 2026-03-24 C$ 120.79
Market Cap C$ 13,778,152,326
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Globe says Stantec sees Hydro-Quebec eye N.S. wind

2026-03-25 07:27 ET - In the News

The Globe and Mail reports in its Wednesday edition that Hydro-Québec is taking an interest in Nova Scotia's ambitions to become a major player in offshore wind power. The Globe's Adam Radwanski writes that the Crown corporation will announce today that it is gauging the state of play around would-be developments off the Atlantic province's coast, and the viability of transmission from there to Quebec. Hydro-Québec's Simon Bergevin described it as a preliminary process aimed at better understanding whether importing offshore wind power -- with which Canada thus far has little experience -- could help meet Quebec's growing electricity demand. But while any involvement from Quebec would likely be a long-term play, it seemingly wants to move quickly in assessing its options. Mr. Bergevin said that the plan is to gather and analyze information from potential private-sector project proponents this summer, and consider next steps in the fall. Nova Scotia's offshore power potential, courtesy of high wind speeds and other favourable conditions, is not in question. A recent government-commissioned report by Stantec found that it could reach nine gigawatts of capacity in four offshore areas designated by the province.

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