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Canada’s energy CEOs are calling on Prime Minister Mark Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry. Thirty-eight CEOs of Canadian energy companies signed a letter congratulating Carney on his election win and pitching policy measures they say would help the prime minister make good on his promise to build the fastest-growing economy in the G7.“As a major contributor to the Canadian economy, with significant untapped potential, the energy sector must play a pivotal role in your pursuit of this ambition,” the letter reads.“Your focus on fostering energy independence and enhancing Canada’s energy infrastructure and clean technology requires major sector investment and globally competitive energy and carbon polic...

The clock is ticking on one of Prime Minister Mark Carney’s signature promises — removing interprovincial trade barriers and making it easier for Canadians to trade with each other. In his first post-election press conference on Friday, Carney reiterated his commitment to dismantle trade barriers by Canada Day. On Wednesday, Carney met with Canada’s premiers to brief them on his meeting with U.S. President Donald Trump and discuss ending interprovincial trade restrictions.But experts say Carney is facing a tall order.“The rules and regulations that are those interprovincial barriers that he wants to remove are not entirely within his control. He can’t compel provinces to remove their barriers,” Moshe Lander, economist at Concordia University, said. ...

In his first post-presidential interview since U.S. President Donald Trump took office, Joe Biden equated the pressure the president is putting on Ukraine to “modern-day appeasement,” a reference to the British government’s pre-Second World War effort to curtail the Nazi’s invasion of Europe. Speaking to BBC Radio 4’s Today program to mark the 80th anniversary of VE-Day (Victory in Europe), the former president said that Trump’s pursuit of Panama, Greenland and Canada has weakened global trade and diplomatic partnerships in the U.S. and spawned a sense of mistrust among its European allies and NATO, which was formed after the Second World War.“What president ever talks like that?” Biden said. “That’s not who we are. We’re about freedom, democracy, opportunity — not about confiscation,” he ...