Canada's Prime Minister Carney Proposes Increased Fines for Industrial Emissions
CLIMATE POLICY, REGULATION & CARBON MARKETS
Prime Minister Mark Carney is advocating for a strengthened carbon pricing system targeting major Canadian factories and power plants. This initiative aims to compensate for emissions reductions lost after the cancellation of a carbon tax on fossil fuels.
The government is in discussions with Alberta, a province contributing significantly to national emissions, to finalize changes by April 1. However, the presence of varied provincial carbon-pricing systems may complicate the implementation of new federal standards.

Feb 11, 2026, 6:13 AM