IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Electricity consumption has remained a vital driver of economic activity, characterized by continued growth throughout 2025, as demand increases by 3.7% to reach 2,010 petajoules. Expansion in digital infrastructure and rising requirements for data centers have shaped consumption trends, underscoring the growing interdependence between technological advancements and energy demand. Although ongoing government efforts to encourage energy efficiency persist, consumption continues to expand as new developments replace older facilities, reflecting stable but increasing business and residential requirements for electric power.?Over the five-year period from 2020 to 2025, major economic disruptions had a significant impact on electricity demand. The COVID-19 pandemic resulted in a 1.6% reduction in 2020, primarily due to restrictions on businesses and travel that suppressed commercial and industrial activity, while household requirements remained steady as Canadians spent more time at home. The pace of recovery was evident by 2022, as the reopening of the economy prompted a swift rebound in electricity consumption, with industrial facilities resuming full-scale operations. Developments in sectors reliant on digital infrastructure, particularly the proliferation of data centers, further bolstered demand growth in subsequent years. Continued population growth and steady consumer use for essential activities such as heating, lighting and appliances contributed to stable baseline power needs throughout the period. However, the decline in industrial activity during periods of recession or adverse economic conditions, such as those linked to global commodity price falls in the early years of the period, demonstrated the sensitivity of industrial demand to broader macroeconomic conditions.?Broader macro trends influencing performance from 2020 to 2025 include the gradual integration of energy efficiency initiatives, shifts in consumer behavior regarding electricity consumption and Canada's transition away from fossil fuels. Government and industry-led programs have accelerated the introduction of more efficient buildings, appliances, and practices, although their impact has not offset overall demand growth. Policy-driven shifts supporting cleaner electric power generation have contributed to transitioning the energy mix, setting the stage for future directions in consumption. Population growth and ongoing urbanization also serve as persistent forces in shaping the trajectory of electricity demand during the period.? This had contributed to the consumption of electricity rising at a CAGR of 0.2% over five years to 2025.
Curious about what drives these trends? IBISWorld's analyst coverage on the electric power consumption includes detailled analysis on the current performance, outlook and industries affected.
2000-2031
Total demand for electricity, including residential, commercial and industrial demand for electricity. Demand is measured in petajoules. Data and forecast are sourced from the National Energy Board of Canada.
IBISWorld Industry Reports are available in multiple formats to fit seamlessly into your workflow.
Answer any industry question in minutes with our entire database at your fingertips.
Feed trusted, human-driven industry intelligence straight into your platform.
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
Explore industries with similar markets, supply chains, and economic drivers to gain broader context and insights.
| Industry | Country | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Automobile Wholesaling in Canada |
|
XX% | XX% | $XX |
| Electrical Equipment Wholesaling in Canada |
|
XX% | XX% | $XX |
| Wind Turbine Manufacturing in Canada |
|
XX% | XX% | $XX |
| Electric Power Transmission in Canada |
|
XX% | XX% | $XX |
| Renewable Power in Canada |
|
XX% | XX% | $XX |
| Engineering Services in Canada |
|
XX% | XX% | $XX |
| Thermal Power in Canada |
|
XX% | XX% | $XX |
| Engine & Turbine Manufacturing in Canada |
|
XX% | XX% | $XX |
| Electrical Equipment Manufacturing in Canada |
|
XX% | XX% | $XX |
| Natural Gas Distribution in Canada |
|
XX% | XX% | $XX |
| Structural Metal Product Manufacturing in Canada |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The electric power consumption in Canada in 2025 was 2,010.28 petajoule.
The electric power consumption in Canada grew by 0.2% in 2025.
IBISWorld’s data and analysis on electric power consumption in Canada includes forecasted growth rates over the next five years.