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Canada’s Emission Reductions Dependent on Fixing Industrial Carbon Markets

Negotiations with Alberta Seen as Crucial

Seven of Canada’s provinces, including Alberta and Ontario, use provincial output-based pricing systems, while four use a similar federal system. Seven of Canada’s provinces, including Alberta and Ontario, use provincial output-based pricing systems, while four use a similar federal system.

Seven of Canada’s provinces, including Alberta and Ontario, use provincial output-based pricing systems, while four use a similar federal system. | Government of Canada

Jan 11, 2026
| Rich Heidorn Jr.

After scrapping most Trudeau-era climate policies, Prime Minister Mark Carney wants to tighten rules over Canada’s industrial carbon markets, which observers say have failed to incentivize emission reductions.