A report by the Center for Security Policy (CSP) paints a dire picture regarding the vulnerability of the U.S. (and by extension -- Canadian) electricity grids from man-made or natural electromagnetic disturbances. The CSP and others in the national security sector have been beating this drum for a number of years, but unfortunately all too little is being done about the risks.
William Forstchen even wrote a compelling must-read novel on this topic -- One Second After -- back in 2009. In 2004, the Commission to Assess the Threat to the United States from Electromagnetic Pulse (EMP) Attack also released a report which reached the following conclusions: