Prime Minister Justin Trudeau says Saskatchewan residents will still receive their full carbon rebate payments, even though the provincial government is not remitting the carbon tax on home heating to Ottawa. “Despite the disagreement I have with the provincial government in Saskatchewan on them not wanting to pay the federal government what is owed, the … Read more
A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policy-makers scramble to contain the deepening crisis. Evergrande, the world’s most indebted developer with more than $300 billion US in total liabilities, sent a struggling property sector into a … Read more
Federal Energy Minister Jonathan Wilkinson says Alberta Premier Danielle Smith’s claim that Canada can achieve carbon neutrality in 2050 while simultaneously increasing oil and gas production is “incoherent.” Smith has long argued that carbon neutrality is about a transition away from emissions and not a transition away from oil and gas production, a source of … Read more
