10:14:18 EDT Thu 21 May 2026
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Cenovus Energy Inc
Symbol CVE
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NP says Suncor, rivals hear Moe open to carbon tax talk

2026-05-21 08:54 ET - In the News

See In the News (C-SU) Suncor Energy Inc

The National Post reports in its Thursday, May 21, edition that Saskatchewan Premier Scott Moe says the province will start talks with the Ottawa about a feasible approach to an industrial carbon tax. The Post's Stephanie Taylor writes that Mr. Moe said: "We're open to the discussion about finding a place where that would work. ... So, I wouldn't say we're entirely open to just doing it, but we're open to trying." Mr. Moe's remarks follow a deal between Prime Minister Mark Carney and Alberta Premier Danielle Smith, where her United Conservative Party will raise the industrial carbon tax to $130 per tonne by 2040, up from the frozen rate of $95 per tonne. Mr. Moe's Saskatchewan Party government announced last year that it would be pausing its industrial carbon tax, making it the first jurisdiction in the country to be "carbon tax free." He said on Tuesday that will remain the case "until we can potentially find a path to move forward." There have been some "high-level discussions" with the federal government, Mr. Moe said, but added he could not say how long talks may take. Asked on Friday whether the deal ushered in for Alberta will apply to other provinces, Mr. Carney said the short answer was 'yes.'"

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