Prime Minister Mark Carney shifts Canada’s climate policy toward oil and pipeline expansion

Prime Minister Mark Carney announced a massive overhaul of Canada’s energy strategy on Friday, signaling a major departure from the strict environmentalism of the previous administration.

The new plan includes softening industrial emissions targets and reducing planned increases to the carbon tax to lower operational costs for businesses. Central to this policy pivot is a landmark deal with Alberta to accelerate oil pipeline construction, which Carney argues is essential for national economic growth. Critics describe the move as a betrayal of Carney’s reputation as a global climate champion, while supporters praise him for finally accepting economic reality.

Parliament is expected to debate the new legislative framework for these energy changes when it reconvenes next week.