Canada finding 'solutions' on EU carbon tariff threat: Carney

This article is new today!

Source: CBC Politics
Date: 2026-10-30 21:41:25.0
Tags: [National, Trade, Economy, Environment, Climate, Industry]

Prime Minister Mark Carney announced progress at the Canada-EU summit in Montreal regarding the European Union's pending carbon border adjustment mechanism (CBAM), which threatens an estimated $2.8 billion in annual Canadian energy-intensive exports like iron ore, steel, aluminum, and cement. Canada's ambassador-designate to the EU, Jonathan Wilkinson, confirmed that diplomatic negotiations are advancing toward having the European Union officially recognize Canada's national and industrial carbon pricing systems. Full implementation of the EU tariff is scheduled for 2034, with compliance reporting requirements slated to take effect by September or October 2027.

Provincial Government Investing in Marine Low-Carbon Fuels Initiative Through Green Transition Fund

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-15 17:55:28.0
Tags: [Newfoundland and Labrador, Environment, Climate, Energy, Transportation, Industry]

The Government of Newfoundland and Labrador, through the Ministry of Jobs, Growth and Rural Development, is investing $365,470 from its $7.75 million Green Transition Fund into the Marine Low-Carbon Fuels Green Transition Initiative. Led by the organization econext, the project will assess, test, and demonstrate renewable fuel options within the province's marine transportation sector. The initiative includes assessing local testing capabilities and carrying out a renewable diesel pilot project aimed at reducing emissions and enhancing industry competitiveness.

Fort Simpson organization pushes for relief funds for businesses impacted by wildfires

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-02 10:00:00.0
Tags: [National, Economy, Emergency, Climate, Industry]

The Dehcho Business Development Centre is lobbying the federal government and the Canadian Northern Economic Development Agency for a flexible $1 million relief fund to distribute to businesses impacted by summer wildfires in communities like Fort Simpson and Wrigley, Northwest Territories. The territorial government rejected a similar proposal, directing applicants instead to the Department of Industry, Tourism and Investment's existing entrepreneur support stream for case-by-case reviews. Affected local enterprises, such as the construction business E&R Ventures owned by Howard Hardisty, suffered extensive property and equipment losses valued at approximately $125,000 during the evacuations and prolonged wildfire smoke.

Carbon capture CEO says critics ‘told me I was crazy,’ hopes Alberta project proves them wrong

Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-17 11:00:33.0
Tags: [Alberta, Energy, Environment, Climate, Technology, Industry]

Montreal-based Deep Sky Corp. operates its Deep Sky Alpha direct air capture facility near Innisfail, Alberta, where it pulls carbon dioxide from the air, stores it underground, and sells offset credits to buyers including TD Bank Group, Microsoft Corp., and Royal Bank of Canada. The company utilizes a refundable federal tax credit covering up to 60 percent of eligible spending on direct air capture equipment through the end of 2035. GE Vernova Inc., a U.S.-based partner, is bringing a machine to the Alpha site designed to capture up to 1,500 tonnes of carbon annually by late 2026.

Alberta declares a race with the U.S. on carbon storage, as Canada's biggest project opens

Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-10 11:00:01.0
Tags: [Alberta, Energy, Environment, Climate, Resources, Industry]

Enhance Energy Inc. has broken ground on the Origins CCS Hub in Clive, Alberta, representing Canada's largest carbon capture and storage (CCS) project, which is scheduled to become operational by January 2027. The facility will initially store up to 1.5 million tonnes of CO2 per year in deep saltwater formations, equivalent to removing over 500,000 cars from the road, utilizing the Alberta Carbon Trunk Line and pipelines built from Canadian steel. Alberta Minister of Energy and Minerals Brian Jean framed the initiative as a race against the United States to capture carbon, which the province deems necessary to support its long-term goal of doubling oil production to eight million barrels per day. Federal Minister of Energy and Natural Resources Tim Hodgson noted that the federal government is collaborating with Alberta via a memorandum of understanding to establish a functioning carbon market.