Canada’s three Maritime provinces have agreed to collaborate on their future electricity needs, signing a memorandum of understanding that outlines a path toward greater regional energy security.

The agreement, reached Thursday, marks a formal step toward integrating power planning across New Brunswick, Nova Scotia, and Prince Edward Island.

Under the terms of the deal, the provincial governments will develop a regional roadmap to address shared energy challenges.

A key component of the discussion involves the potential creation of a regional electricity operator, a move that could streamline grid management and investment decisions across the three jurisdictions.

The commitment comes as Canada seeks to bolster its overall energy security framework.

By coordinating their approach, the Maritime provinces aim to enhance grid resilience and ensure reliable power supply in the face of evolving energy demands and infrastructure needs.