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In the news today: Ottawa-Alberta MOU, Military inquest wraps, New Drake albums
The plan would raise Alberta’s industrial carbon price to $130 per tonne by 2040 as Ottawa seeks to advance a West Coast bitumen pipeline.
Prime Minister Mark Carney and Alberta Premier Danielle Smith are meeting in Calgary today to announce an agreement on industrial carbon emission pricing in Alberta.
The governments pledged in a November memorandum of understanding to adopt a carbon price plan to facilitate construction of a bitumen pipeline to the West Coast.
Sources with knowledge of the discussions indicate the leaders plan to reveal a roadmap for Alberta to raise its industrial emission price to $130 per tonne by 2040.
Smith and Carney have stated this deal is necessary to convince Alberta's separatist movement not to give up on Canada, framing cooperation as vital for national unity.
Today's agreement advances their previous commitments, integrating the carbon pricing strategy into the broader framework established to align federal and provincial energy policies.