Carney Won’t Repeal Pipeline Legislation Despite Tariff Pressures

Canadian Prime Minister Mark Carney rejected calls to repeal controversial legislation that critics say blocks new pipeline development, even as his government positions itself to counter US tariff threats by developing domestic resources.

“We do not plan to repeal Bill C-69,” Carney said Tuesday at a press conference in Winnipeg, referring to legislation that requires resource projects be assessed for environmental, health, social and economic impacts.

The prime minister’s statement contradicts earlier campaign rhetoric where he advocated for pipelines running from east to west, including through Quebec.

Instead, Carney offered a modified approach to energy infrastructure. “What we have said, formally at a First Ministers meeting, is that we will move for projects of national interest, to remove duplication in terms of environmental assessments and other approvals, and we will follow the principle of ‘one project, one approval,'” he said.

The stance comes as Canada faces increasing pressure from planned US tariffs under President Donald Trump, with Carney repeatedly framing his economic agenda as helping Canadians “weather the storm” of potential trade disruptions.

Opposition Conservative leader Pierre Poilievre, who’s fallen behind in the polls, quickly criticized Carney’s position, arguing the Liberal legislation has blocked “billions of dollars of investment in oil & gas projects, pipelines, LNG plants, mines, and so much more.”

The issue has gained urgency after 14 Canadian energy companies sent an open letter to party leaders in March calling for streamlined regulation, six-month deadlines for project approvals, and an end to both emissions caps and industrial carbon pricing.

Poilievre has pledged to meet all five demands outlined in the energy sector’s letter, presenting a stark contrast to Carney’s approach.

In his Winnipeg appearance, the prime minister highlighted previously announced Liberal promises, including a cut to the consumer carbon tax, middle-class income tax reductions, and housing affordability measures.

Carney maintained his government would pursue resource development through partnerships with provinces and Indigenous communities, saying the federal government would accept provincial environmental assessments for clean energy and conventional energy projects.


Information for this story was found via 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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Expands New Discovery Following Trenching

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

Related News

Conservatives Pledge to Restore News on Facebook, Repeal Media Law

The Conservative Party has promised to roll back legislation that led Meta Platforms to block...

Wednesday, April 23, 2025, 12:07:00 PM

Smith Dangles Coastal Pipeline Proposal “Within Weeks”

Alberta Premier Danielle Smith claims a private company will unveil “probably within weeks” a plan...

Wednesday, June 25, 2025, 07:35:00 AM

Universities Canada Warns of Enrollment Collapse But Won’t Release Specific Numbers

International student enrollment in Canada has plunged far below government targets, with new arrivals projected...

Thursday, August 28, 2025, 08:25:45 AM

Mexico, Canada Must ‘Shut Border’ to Avoid Tariffs Says Trump’s Commerce Pick

Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, said on Wednesday that Mexico and...

Thursday, January 30, 2025, 02:04:00 PM

Retail Sales Soar as Canadians Embark on Shopping Sprees Amid Reopening

Canadian retail sales strongly rebounded in June, as consumers flocked to brick-and-mortar stores following a...

Sunday, August 22, 2021, 03:24:00 PM