The Canadian government is proposing a new regulatory framework to accelerate approvals for major natural resource projects, including pipelines, with a goal of a two year decision timeline. These changes aim to streamline the review process while maintaining mandatory Indigenous consultations. Simultaneously, federal and provincial officials are negotiating carbon pricing floors and ceilings for Alberta. The dispute centers on whether a 130 dollar per tonne credit price acts as a ceiling or a starting point, alongside discussions on contracts for difference to protect low carbon investments.
