11:14:27 EST Thu 29 Jan 2026
Enter Symbol
or Name
USA
CA



ConocoPhillips (COP) BMO CDR (CAD Hedged)
Symbol ZCOP
Shares Issued 110,000
Close 2026-01-28 C$ 11.43
Market Cap C$ 1,257,300
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FP says Cenovus, rivals hear Pathway costs questioned

2026-01-29 07:53 ET - In the News

See In the News (C-CVE) Cenovus Energy Inc

The Financial Post reports in its Friday, Jan. 29, edition that with the Canada-Alberta memorandum of understanding signed and implementation talks planned, many Albertans are curious about the provincial government's financial support for the Pathways Alliance Carbon Capture, Utilization and Storage (CCUS) project. The Post guest columnist Lennie Kaplan writes that the April 1 deadline for an agreement between the two governments and the Pathways partners is fast approaching. Current fiscal incentives seem insufficient to finalize investment in Pathways. Capital and operating costs for Phase 1 may be higher than the initial 2023 estimates. One factor to consider on the economics side is how much private-sector investment in CCUS will help companies avoid carbon costs under Alberta's industrial carbon pricing system, known as TIER. It appeared Alberta had agreed in the MOU to work on a definitive schedule of increases that would take the TIER minimum effective carbon price to at least $130 per tonne. But Premier Danielle Smith has now indicated that too high a TIER price could put Alberta in an uncompetitive position vis-a-vis the United States and that it has to be at a "level that the industry can afford."

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