Between July 24–25, 2026, a Brookfield subsidiary company based in Powell River, British Columbia, sought approval to sell electricity to the United States—an unprecedented commercial arrangement. The monetary terms were kept confidential, even from BC Hydro, raising concerns about transfer pricing and environmental impact.
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And here it is. How Powell River Became Ground Zero for Canada's Electricity Future. thetyee.ca/Opinion/2026... Mark Carney’s old company wants an unprecedented right to sell power to the US.
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https:// thetyee.ca/Opinion/2026/07/24/ Powell-River-Canada-Electricity-Future/ # canada
"The fact that a Canadian Brookfield company will be selling to a U.S. Brookfield company also raises concerns about transfer pricing, that is privileging the U.S. subsidiary in the price it pays for Canadian electricity. " https:// thetyee.ca/Opinion/2026/07/24/ Powell-River-Canada-Electricity-Future/ # Canada
"Powell River Energy will likely pay no corporate tax on the profit it earns from electricity exports because its parent company has its corporate offices in Bermuda." # Canada Taxes for thee, but not for me https:// thetyee.ca/Opinion/2026/07/24/ Powell-River-Canada-Electricity-Future/
"But perhaps most disturbing is that Powell River Energy is setting aside the Tla’amin Nation’s interests and land claims and the development needs of Powell River, and refuses to enter negotiations with BC Hydro, which wants this electricity for B.C.’s energy needs. The monetary terms of the export agreement are kept private and even BC Hydro is not allowed to know the agreed price." # Canada htt