OTTAWA — Prime Minister Mark Carney’s government is setting the stage to end the proposed oil and gas emissions cap and promising to do away with certain rules aimed at penalizing companies accused of “greenwashing.”
At the same time, Tuesday’s federal budget committed his government to strengthening its industrial carbon tax, not only by working with provinces, but by enforcing it on jurisdictions without systems that meet federal requirements.
Such a give-and-take approach is how Carney seeks to reduce emissions while attracting more private-sector dollars, a key pledge of his government outlined in its new “Climate Competitiveness Strategy.”
Presented as part of his 2025-26 spending plan, Carney campaigned during the April federal election campaign on coming up with a strategy di

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