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

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Brookfield Nears Colonial Pipeline Deal As Canada’s Carney Maintains Pipeline Restrictions

Canadian Prime Minister Mark Carney has rejected calls to repeal controversial pipeline legislation even as...

Thursday, April 3, 2025, 03:01:00 PM

Carney Government Weighs Recalibrating Climate Targets

Prime Minister Mark Carney’s government is dodging questions about whether Canada can achieve its 2030...

Tuesday, September 9, 2025, 02:14:00 PM

Zero Pipelines On Ottawa’s National Interest Projects List

Ottawa’s first “projects of national interest” list contains zero oil pipelines, according to three sources...

Thursday, September 11, 2025, 10:36:00 AM

Trudeau Government Faces Backlash Over $50 Billion Pension Fund Deal

Toronto-based investment giant Brookfield Asset Management has initiated discussions to create a $50 billion fund,...

Thursday, September 19, 2024, 11:27:44 AM

Canada Launches Sweeping Review to Cut Federal Red Tape

Canada’s government launched a comprehensive review of federal regulations Tuesday, aiming to eliminate outdated rules...

Thursday, July 10, 2025, 11:09:00 AM