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Alberta, Canada Pushes for Pipeline, Raises Carbon Tax

Alberta, Canada Pushes for Pipeline, Raises Carbon Tax

Published 1 week, 1 day ago
Description

Prime Minister Mark Carney and Alberta Premier Danielle Smith unveil a significant deal: Alberta raises its industrial carbon tax, slower than federal targets, in exchange for a new oil pipeline to BCs West Coast. Industry critics argue higher taxes could harm Canadas energy edge, while BC Premier David Eby opposes the deal. Alberta aims to pitch a million-barrel-a-day bitumen line, seeking national interest status, but faces multiple hurdles. Smith links the pipeline to proving Canada can export resources to Asia, easing local frustrations and strengthening the federation.

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