The federal and Saskatchewan governments should strike a grand bargain to finance the development of the province’s growing nuclear power industry. That’s the lead recommendation in a report released today by Clean Prosperity, called “A Nuclear Grand Bargain: How to grow an affordable and low-emitting electricity grid in Saskatchewan.” Deploying nuclear power with federal financial
As the federal and provincial governments carve a path forward on industrial carbon pricing, a parallel carbon market — operating under a policy called the Clean Fuel Regulations (CFR) — is gaining importance for low-carbon investment decisions, particularly for carbon capture projects.
Originally published in The Hub: The grand bargain between Alberta and the federal government has reheated the public debate over the competitiveness impacts of industrial carbon pricing. We welcome this debate, because critics tend to build their case on a recurrent misunderstanding: that facilities today pay $95 per tonne of carbon. This $95 policy price
Originally published in The StarPhoenix: Saskatchewan has a generational opportunity to supercharge its economic future. We should seize it. Recent agreements with Alberta and B.C. have shown that Ottawa is prepared to make a new deal with the West. Let’s use the new spirit of cooperative federalism to land a deal for Saskatchewan’s nuclear industry
Michael Bernstein, President and CEO of Clean Prosperity, made the following statement: “Yesterday’s energy investment agreement between Ottawa and Alberta represents continued progress in realizing the federal-Alberta grand bargain on climate and energy policy. “The agreement has the potential to help grow Canada’s economy, diversify our trade, and reduce emissions, all while contributing to national
Clean Prosperity President and CEO Michael Bernstein made the following statement: “The Canada-British Columbia Cooperative Prosperity Agreement balances multiple critical objectives: economic growth, national unity, and emissions reduction. The future of Canada and B.C. depends on us succeeding at all of them. “The agreement explicitly upholds the power of strong carbon markets to attract low-carbon
After months of negotiations Alberta and Ottawa have agreed on a path forward for industrial carbon pricing. The May 15 implementation agreement is the start of rewriting the federal carbon pricing benchmark.
Canada is poised to become a low-carbon energy powerhouse. One industry association found $200 billion in investment opportunities across a range of technologies, while Clean Prosperity showed that the 2025 federal-Alberta memorandum of understanding could unlock $90 billion in low-carbon investment. Canadian institutional investors have the potential to help accelerate Canada’s industrial decarbonization. What will
Brendan Frank, Clean Prosperity’s Vice President of Policy, made the following statement: “The federal government’s nuclear energy strategy is an important step forward in strengthening Canada’s nuclear power sector and supporting provinces in expanding nuclear power generation. “It complements a broader strategy of electrification supported by the federal government and led by provinces. Ottawa is
Originally published in The Globe and Mail. The carbon pricing deal between Alberta and Ottawa turned out to be more modest in its climate ambition than many climate advocates had hoped – including me. I still think Canadians should encourage the two governments to build on their agreement from last week in a way that
Michael Bernstein, Clean Prosperity President and CEO, made the following statement: “The carbon pricing agreement announced today by the federal and Alberta governments solidifies the province’s industrial carbon pricing system and has the potential to strengthen it over the long term. But to fulfill that potential, Ottawa and Alberta will need to get the details
The Ontario government has an opportunity to help protect its critical steel industry as it struggles under the weight of steep U.S. tariffs. Targeted reforms to Ontario’s carbon market would ensure that the steel sector is rewarded for its transformational low-carbon investments and provide needed support for the industry during a period of intense financial
Originally published in The Hill Times. Canada is within reach of a historic “grand bargain” with Alberta on energy and climate that could define our economy for a generation. Yet at this critical moment, the oil sector is amping up its criticism of industrial carbon pricing as a drain on its competitiveness. This argument is
