# Energy merger forms $72bn Canadian power giant

> Emera and ATCO merge to create North America's largest electric utility.
- Title: Energy merger forms $72bn Canadian power giant · Financialpost
- Summary: Emera and ATCO merge to create North America's largest electric utility. Emera and ATCO will combine to form one of North America's largest electric…
- Keywords: emera, atco, canada, utilities, merger, energy, 72 billion, electricity, money, business, forms, 72bn
- Source: Financialpost — https://financialpost.com/news/energy-firm-merger-creates-a-powerful-combination-fp-video-explains
- Read time: 1 min
- Topics: emera, atco, canada, utilities, merger, energy, 72 billion, electricity, money, business
## Emera and ATCO merger
Halifax-based Emera and Canadian Utilities, a subsidiary of Calgary-headquartered ATCO, plan to combine into one of North America's largest electric utilities.
## Power company deal size
The merger creates a $72 billion power behemoth for Canada's energy sector.
## Canadian dollar outlook
Karl Schamotta, chief market strategist at Corpay, talks about forces driving currency markets and how the Canadian dollar is standing up to the greenback.
## Retailer holiday spending
Bruce Winder retail analyst says holiday shopping season will be challenging for retailers due to fragile consumer spending.
## Key takeaway

Emera and ATCO will combine to form one of North America's largest electric utilities worth $72 billion.