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.

Leave a Reply

Video Articles

300% RETURNS! The Junior Mining Stocks About To Explode In This Gold Bull Market | John Feneck

Why the Government Actually WANTS Gold Prices to Explode Higher | Tavi Costa

$30,000 GOLD: How Trump’s Policies Could Trigger The Next Price Explosion | Simon Marcotte

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Related News

Canada’s Employment Numbers Back to 1980’s Level Amid COVID-19 Pandemic

According to preliminary Canada Emergency Response Benefit (CERB) data, the number of unemployment claims since...

Tuesday, April 28, 2020, 08:16:54 AM

Trudeau Government Mulls Including New Social Programs In Upcoming Fiscal Plan

It appears that the Liberal government’s fiscal plan will soon be expanded to include permanent...

Friday, October 30, 2020, 12:31:00 PM

Polls Show “No Hope” for Liberals Under Trudeau In Next Election, Say Experts

As Canada heads towards its next federal election, the Liberal Party under Prime Minister Justin...

Tuesday, June 11, 2024, 02:04:00 PM

Poilievre’s Trades Worker Plan Draws Union Support As Campaign Hits Prairies

Conservative Leader Pierre Poilievre’s plan to expand tax benefits for trades workers has garnered support...

Monday, March 31, 2025, 11:04:00 AM

Holiday Chaos: Winter Storm Causes Thousands of Canceled Flights, Power Interruptions In US, Canada

A day before Christmas weekend, the winter storm continued to sweep through much of the...

Saturday, December 24, 2022, 11:23:00 AM