Prime Minister Mark Carney has correctly admitted that the federal government will not achieve its 2030 and 2035 industrial greenhouse gas emission targets under the climate strategy of his predecessor, Justin Trudeau.
“We have too much regulation, not enough action,” Carney told CBC in a year-end interview commenting on Trudeau’s plan.
Although Prime Minister Mark Carney scrapped the consumer carbon tax in 2025, he is on a mission to make Canadians’ lives more expensive by jacking up industrial carbon taxes in 2026.
Carney wants Canadians to believe businesses can somehow be taxed without those costs being passed on to consumers.
We’re never going to get an apology from the Liberals for their failed single-use plastics ban — but on Dec. 20, we got the next best thing: an admission that it was all a costly mistake.
It’s buried in the government’s proposal to cancel the export ban on plastic straws, cutlery, grocery bags, ring carriers, stir sticks and other food packaging, which took effect earlier this month. A draft amendment to the federal plastics regulations to that effect is open for public comment until Feb. 28, and will likely become law soon afterward.
While Prime Minister Mark Carney acknowledged in a year-end interview with CBC that former prime minister Justin Trudeau’s climate change plan was a $200-billion flop, the roots of that failure predate Trudeau.
They go back to then-prime minister Jean Chretien signing onto the United Nations Kyoto accord in 1998, committing Canada to economy-killing climate targets which – as top Chretien aide Eddie Goldenberg later acknowledged – the Liberals knew they couldn’t achieve.
After years of nonsense spouted by Canada’s Liberal government, Prime Minister Mark Carney acknowledged in year-end interviews with CBC that “Canada is not going to reach our 2030 and 2035 climate targets” under former PM Justin Trudeau’s climate change plan.
He said it had “too much regulation, not enough action” with a lot of talk “and then nothing happens,” thus admitting the failure of Trudeau’s taxpayer-financed, $200-billion-plus strategy.
The holidays are here again, a time of joy and festivity, of peace on earth and good will towards men.
But you’ll be forgiven if you’re not feeling as festive as in years past. After all, it’s not easy to be merry when you’re struggling to heat your home, pay your hydro bill, gas up your car, or put food on the table, let alone put presents under the tree.
The Ottawa-Alberta memorandum of understanding links approval of a pipeline to B.C.’s coast with the $16.5 billion Pathways Alliance carbon capture project, for which industry players are counting on significant government support. While the sum may seem substantial, it represents just a fraction of the vast pool of Canadian taxpayer funds being directed by all levels of government to net-zero-emissions-related initiatives across the country.
These funds include billions in domestic policies as well as a $5.3 billion “international climate finance commitment” that Ottawa announced in 2021 for multi-year funding dedicated to helping developing countries “combat climate change.”
In 2024 alone, federal spending on environmental protection increased by 35.6 percent to reach $24 billion, a significant chunk of which is earmarked for emissions reduction.
I recommend a strong Egg Nog.
Volkswagen’s most smile-inducing car — the electric reboot of its iconic hippie camper van — isn’t shipping to US dealerships in 2026.
The German automaker shelved next year’s Buzz for the US, pausing new production after just one full year on sale.
The stoppage comes as automakers reassess which electric vehicles still make sense in a market where federal subsidies of up to $7,500 were cut in September.
This can’t be good for VW’s Canadian EV operations, and all of the money tax payers were made to throw at it.
Regina’s adoption of electric buses has been a disaster for the public. It’s the latest Canadian city to find this out the hard way.
The news slipped out during Regina city council’s Monday budget hearing, when transit union president Sukhwinder Singh was asked whether electric buses have impacted costs.
New York officials mandated that all school bus purchases be electric by 2027, and parents are already thoroughly disgusted with the purchases so far. Apparently, New York officials think they are saving the planet with buses that freeze kids like popsicles.
When Mark Carney arrived on the Canadian political stage, Richard Brooks’s colleagues sought out his professional opinion.
Would they be dealing in the Liberal prime minister with a friend of the environment or a foe?
Brooks, the head of climate finance with Canadian advocacy group Stand.Earth, has followed Carney’s meteoric rise over the last decade from staid central bank governor to global climate guru to the Prime Minister’s Office.
Watch what he does not what he says. He left plenty of ways to block his “pipeline”.
OTTAWA — Most Canadians think it’s nothing but hot air.
That’s what the results of a recent Leger poll on the industrial carbon tax reveal, suggesting most Canadians believe the costs of the levy aren’t absorbed by emitters but instead passed onto them.
Ford Motor Co. says it will take a US$19.5 billion write-down and scrap several electric-vehicle programs, marking one of the most significant retreats yet by a major automaker from large-scale EV production amid weakening demand and major policy shifts under U.S. President Donald Trump.
EV Subsidies
The plan isn’t designed to succeed
Playing politics with pipelines is a time-honored Canadian tradition. Tuesday’s events in the House of Commons offered a delightful twist on the genre.
The Conservatives introduced a motion quoting the Liberals’ own pipeline promises laid out in the Memorandum of Understanding (MOU) with Alberta, nearly verbatim. The Liberals, true to form, killed it 196–139 with enthusiastic help from the NDP, Bloc, and Greens.
Ten years ago, then-governor of the Bank of England Mark Carney gave a speech at Lloyd’s of London titled “Breaking the tragedy of the horizon.” It outlined his plan for the global financial system to internalize the “catastrophic impacts of climate change.” It was the first time Carney had publicly identified climate change as a threat to the stability of global financial markets — one that governments and regulators had to combat. Carney called on banks, insurance companies, public pension plans and other institutional investors to align their financing with their climate commitments by restricting oil and gas companies’ access to capital and investing instead in companies that would help the transition to the “net-zero world of the future.”
