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

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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.

Canada facing carbon tariff threat from European Union: internal documents

Source: CBC Politics
Date: 2026-10-28 08:00:00.0
Tags: [National, Quebec, Newfoundland and Labrador, Trade, Economy, Environment]

Internal Global Affairs Canada documents reveal that Canadian iron, steel, and aluminum exports face imminent carbon tariffs under the European Union's Carbon Border Adjustment Mechanism (CBAM), as Canada's national carbon price of $95 per tonne is not linked to the EU's $134 per tonne system. The incoming import levy exposes approximately $2.8 billion worth of Canadian goods annually, hitting the provinces of Newfoundland and Labrador and Quebec particularly hard with $885 million and $792 million in exposed exports, respectively. Global Affairs Canada estimates that Canadian exporters will face substantial administrative and compliance costs, with experts warning that EU carbon tariffs could eventually add up to $150 per tonne of steel by 2034. Canadian diplomats continue to engage with the European Commission during the Canada-EU Summit in Montreal to seek exemptions or recognition for domestic industrial carbon pricing systems.

Carney, Ford to announce funding for clean auto investments: source

Source: CBC Politics
Date: 2026-10-21 13:59:35.0
Tags: [National, Ontario, Economy, Trade, Industry, Environment]

Prime Minister Mark Carney and Ontario Premier Doug Ford are scheduled to unveil a joint support package on Parliament Hill to assist Canadian auto companies making clean investments. The announcement comes in response to ongoing U.S.-Canada trade tensions—including U.S. tariff threats of up to 50 percent on cars, trucks, auto parts, and steel taking effect January 1, 2027—and addresses Canada's greenhouse gas standards following the U.S. Trump administration's rollback of federal fuel economy standards. Federal industry and finance ministers are expected to join the premier and prime minister for the announcement.

Carney to co-host UN event with European Commission chief von der Leyen

Source: Global News Politics
Date: 2026-09-23 12:24:25.0
Tags: [National, Trade, Economy, Environment, Climate, Governance]

Prime Minister Mark Carney is co-hosting the OceanEye International Alliance event at the United Nations General Assembly alongside European Commission President Ursula von der Leyen to foster data-sharing and collaboration on ocean observation. The engagement follows European Commission proposals for Canada to attain associate member status, coming amid fractured trade negotiations between Canada and the United States under President Donald Trump. The summit marks Carney's first diplomatic visit to the United States since bilateral trade discussions broke down the previous month.

Le Québec et la Californie tiendront une vente aux enchères conjointe d'unités d'émission de gaz à effet de serre le 18 novembre 2026

Source: Quebec - Fil de presse gouvernemental
Date: 2026-09-18 15:58:00.0
Tags: [Quebec, Environment, Climate, Energy, Trade]

The Quebec Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (MELCCFP) and the California Air Resources Board (CARB) have announced a joint greenhouse gas emission allowance auction scheduled for November 18, 2026. This collaborative carbon market mechanism allows both jurisdictions to jointly auction emission units under their linked cap-and-trade systems. Further details regarding the auction notice will be published by the participating regulatory bodies.

Canada and the EU want an energy alliance. What would it look like?

Source: Global News Politics
Date: 2026-09-18 15:02:02.0
Tags: [National, Energy, Trade, Resources, Environment]

Prime Minister Mark Carney met with European Union leadership in Strasbourg, France, to discuss strengthening bilateral ties and establishing a new energy alliance amid strained relations with the United States and Europe's pivot away from Russian energy imports. University of British Columbia economist Werner Antweiler noted that Canada lacks East Coast pipelines and export port infrastructure, suggesting European companies could secure stable gas supplies through swap contracts that trade Asian-bound cargoes for European-delivered alternatives. Meanwhile, Clean Energy Canada executive director Rachel Doran highlighted opportunities to supply critical minerals to the European Union to support its transition to clean power and alternative energy supplies. Additionally, Prime Minister Carney announced that he will sign no new deals with the European Union until Canada's Parliament is given the opportunity to vote on them.

Danish entourage bullish over Alberta carbon-capture partnerships

Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-08 11:05:23.0
Tags: [Alberta, Energy, Environment, Climate, Technology, Trade]

Danish organizations including Green Hub Denmark, Clean, and the Triangle Energy Alliance are expanding carbon-capture partnerships with Alberta entities such as the University of Alberta, Deep Sky, Edmonton Global, and Alberta Innovates due to Alberta's standing in carbon-capture technology and a shifting European investment climate regarding the United States. The collaboration features ongoing research linkages, such as between Aarhus University and the Deep Sky facility in Innisfail, alongside upcoming delegations at the Carbon Capture Conference scheduled for September 15-16 at the Edmonton Convention Centre. However, trade tensions and potential U.S. tariffs impacting Canada create ongoing economic uncertainty for prospective Danish investors looking north.