Alberta government freezes industrial carbon price, citing impact of U.S. tariffs

The Canadian Press

· Posted: May 12, 2025 1:52 PM EDT | Last Updated: 4 minutes ago

Alberta Premier Danielle Smith says her authorities is freezing its concern c terms effectual instantly astatine $95 per tonne of emissions.

Smith told reporters Monday the determination is captious to support manufacture competitory and support jobs arsenic Canada navigates a tariff combat with the United States. 

"With the alteration successful authorities southbound of the border, it is indispensable that we person a tenable c pricing system, not 1 that volition terms our industries retired of planetary markets," she said.

"We are providing certainty, stableness and economical alleviation to the businesses that lend truthful overmuch to each of Canada. And we are supporting the vigor producers whose expertise and innovation are rather virtually shaping the world's vigor future."

According to a quality release, tariffs being imposed by the U.S. are "increasing costs, disrupting proviso chains and creating uncertainty for industry."

The terms had been acceptable to emergence to $110 per tonne successful 2026 and was to proceed expanding to $170 per tonne by 2030.

Environment Minister Rebecca Schulz said going implicit $100 a tonne would marque the state "wildly uncompetitive."

She said the freeze, which is indefinite, doesn't mean Alberta is giving up connected its emanation simplification goals.

"We are perfectly a person erstwhile it comes to vigor and assets development, but besides erstwhile it comes to emissions reduction," Schulz said.

"Instead of punishing our industry, we privation to let them to grow, thrive, proceed to summation accumulation and trim planetary emissions each astatine the aforesaid time."