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Heather Exner-Pirot: Carney’s oil and gas renaissance

Throughout 2025, the Building Canada Act (Bill C-5), Major Projects Office, and memorandum of understanding with Alberta provided a welcome shift in tone. But the first meaningful policy change the Carney government made was to “scrap the cap” in November 2025, and confirm that the federal government would not move ahead with its proposed oil and gas sector emissions cap.

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