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Home World Canada

Federal Budget Affects Alberta’s Energy Sector

5 November 2025
in Canada
0
Federal Budget Affects Alberta’s Energy Sector
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Leaders in Alberta’s energy sector expressed mixed reactions to Prime Minister Mark Carney’s first federal budget, noting some concessions on oil and gas emissions caps and greenwashing regulations. Analyst Heather Exner-Pirot viewed these changes as a good faith effort, while Alberta Premier Danielle Smith remained silent amid ongoing negotiations. Business Council of Alberta President Adam Legge welcomed a shift from previous social spending but criticized the budget’s ambiguity regarding investment certainty. Some, like Tim McMillan, argued that the budget reflects outdated climate policies rather than a progressive energy strategy.

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