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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

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.”

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Related News

Carney Says Qatar Will Invest In Canada Nation-Building Projects

Qatar has committed to significant strategic investments in Canada’s nation-building projects, Prime Minister Mark Carney...

Tuesday, January 20, 2026, 10:07:00 AM

Cameco Seals $2.6B Uranium Deal With India as Carney and Modi Launch Free Trade Talks

Canada and India signed a landmark uranium supply agreement Monday, with Saskatoon-based Cameco Corp. committing...

Tuesday, March 3, 2026, 07:37:00 AM

Liberal Party Leads in Canadian Polls, But Conservatives Gain Momentum on Economic Issues

Recent polling data shows the Liberal Party maintaining a lead in Canada’s 2025 federal election,...

Tuesday, April 15, 2025, 07:35:38 AM

Carney Rules Out Oil As Leverage In US Tariff Fight

The prime minister's Alberta remarks mark a notable step back from the tougher retaliation talk...
Thursday, July 30, 2026, 01:48:49 AM

Canada Commits 23.6 Million Barrels To IEA Oil Release Effort

Canada is positioning planned oil output and higher natural gas exports as part of the...

Sunday, March 15, 2026, 09:37:00 AM