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Canada finding 'solutions' on EU carbon tariff threat: Carney
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.
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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.
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Ottawa’s giant tax write-off could win over investors for oilsands carbon storage project: industry
Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-15 23:36:03.0
Tags: [National, Alberta, Energy, Environment, Taxation, Industry]Prime Minister Mark Carney proposed a productivity mega deduction at the Canada Investment Summit in Toronto, allowing businesses to deduct the full cost of new equipment and long-term assets in their first year. Industry representatives from the Pathways Alliance, including President Kendall Dilling, stated this federal tax policy addresses a crucial hurdle for financing the alliance's multi-billion-dollar carbon capture and storage project in Alberta. The Pathways Alliance project aims to cut approximately six million tonnes of emissions annually and is targeting a November 15 memorandum of understanding deadline for final binding agreements, with pipeline construction projected around 2030.
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Industrial development near Whitehorse's Ice Lake should go ahead, board says
Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-09-03 23:14:10.0
Tags: [National, Municipal, Industry, Infrastructure, Environment]The Yukon Environmental and Socio-economic Assessment Board (YESAB) has recommended that a contentious industrial development project near Ice Lake in Whitehorse proceed, concluding it will not cause significant adverse environmental or socio-economic effects. Proposed by the territorial government, the project involves building a subdivision of approximately 15 industrial-commercial lots across a 25-hectare forested parcel off the Alaska Highway, which includes the Whitehorse weigh scales and 526 metres of new roadway. While the Yukon Contractors Association strongly supports the development due to an acute shortage of commercial and industrial land in the city, local residents and trail users have raised public backlash over the loss of popular green space used for hiking, biking, and snowmobiling. The YESAB recommendation has now been submitted to the Yukon government for a final decision.
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