Canadian PM Carney Signals Shift on Oil and Gas Emissions Caps

Canadian Prime Minister Mark Carney signaled on Thursday he may work with industry rather than impose emissions caps on oil and gas producers, marking a potential shift from his predecessor’s climate policies during his first official visit to Alberta since becoming Liberal leader.

Following talks with Alberta Premier Danielle Smith in Edmonton, Carney emphasized collaboration over regulation when addressing emissions reductions from Canada’s energy sector.

“Working with industry and with provinces on specific ways to get those reductions, as opposed to having preset caps or preset restrictions on preset timelines,” Carney told reporters.

His comments contrast with statements from Environment Minister Terry Duguid, who told The Canadian Press that the Liberal government’s proposed emissions cap would proceed if Carney wins the upcoming election.

The energy-rich western province has long opposed federal environmental policies, with Premier Smith threatening on Wednesday to call a national unity crisis and form a panel to poll Albertans on potential responses if Ottawa ignores her list of demands before the next election.

Smith has demanded guarantees for pipeline construction “in every direction,” an end to the proposed emissions cap, and the abolition of single-use plastics prohibitions.

Smith said in a statement after the meeting that she wanted her demands “meaningfully addressed within months of the next federal election.”

Alberta NDP Leader Naheed Nenshi criticized Smith’s threats, saying on Thursday she is “playing chicken with people’s lives” at a time when many Albertans’ livelihoods are already under threat due to US tariffs.

“It’s juvenile, it’s childish, it’s not very bright, and it’s certainly not going to get Alberta what we need,” Nenshi said.

Smith’s demands for policy changes come amid deteriorating Canada-US relations, with Trump having imposed a broad 25% tariff on some Canadian goods for 30 days on March 6, followed by additional tariffs on steel and aluminum imports and threats of reciprocal tariffs on other products.

Carney has described US President Donald Trump’s policies as creating “the most significant crisis of our lifetimes” for Canada as he called a snap election for April 28.

“Our response must be to build a strong economy and a more secure Canada. President Trump claims that Canada isn’t a real country. He wants to break us so America can own us. We will not let that happen,” Carney told reporters in Edmonton.


Information for this story was found via Reuters, CBC News, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

$10,000 Gold Is Just A Question of Time | Florian Grummes

What Happens If Silver Finally Breaks $50? | Gary Thompson – Silver47

First Majestic Q2 Earnings: Another Record Quarter

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Carney Orders Biggest Federal Budget Cut Yet, Aiming For $25B In Savings

Prime Minister Mark Carney’s government has ordered the biggest fiscal retrenchment since the 1990s, telling...

Friday, July 11, 2025, 07:36:00 AM

Carney’s “Nearly Zero” Tariffs Leave $20B Missing… And Maybe The Spring Budget?

Prime Minister Mark Carney’s abrupt rollback of retaliatory US tariffs has stripped Ottawa of a...

Friday, May 16, 2025, 02:14:00 PM

Mark Carney Expected To Call Snap Election on Sunday

Canadian Prime Minister Mark Carney is set to announce a snap federal election on Sunday,...

Thursday, March 20, 2025, 11:01:00 AM

RCMP Officers Demand Liberal Cabinet To Resign

In an alleged scathing open letter, two RCMP officers—Sgt. Peter Merrifield and retired Det. Paul...

Wednesday, April 16, 2025, 03:44:00 PM

Mark Carney Defends Carbon Tax in Quebec Media Appearance

Mark Carney has doubled down on his climate strategy during a Sunday evening appearance on...

Tuesday, April 15, 2025, 04:31:00 PM