Carney government planning changes to speed approvals for pipelines, resource projects
The plan would set one review per project and a two-year decision timeline for major energy and natural resource developments, sources said.
- The Carney government plans to propose "comprehensive" regulatory changes to accelerate natural resource project approvals, implementing a two-year decision timeline and one-review-per-project policy, with an announcement expected later this week.
- Premier Danielle Smith meets with Prime Minister Carney on Friday to resolve stalled carbon pricing negotiations, aiming to bridge the gap between a $130 per tonne target and current Alberta rates trading at about $40.
- Negotiators are debating "Contracts for differences" to prevent future governments from eliminating carbon pricing without costly repayment obligations; industry sources welcome streamlining, though environmentalists express concern about weakened project reviews.
- Mandatory consultation with Indigenous communities remains required under the new framework, distinguishing these changes from the C-5 bill, which previously allowed lawmakers to overrule regulations for projects of national importance.
- The MOU outlines goals to displace nearly 214 million tonnes of pollution by 2050 through a net-zero power grid, yet stalled carbon pricing talks leave the future of Clean Electricity Regulations uncertain.
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Carney government pledges reform to get infrastructure projects approved within one year
The Carney government wants major infrastructure projects like ports, railroads, mines and pipelines approved within a year and is proposing new changes to Canada’s regulatory system to make that happen.
The Carney government is planning changes to accelerate authorizations for pipelines and resource development projects.
Canada to Speed Up Resource Projects with New Two-Year Approval Process
The Carney government is set to unveil changes this week aimed at accelerating approvals for natural resource projects, with a particular focus on pipelines and energy developments. Federal sources confirm the plan targets a streamlined two-year decision timeline for major projects, fulfilling a key campaign promise of one review per project. The proposed overhaul will introduce comprehensive updates to the regulatory framework for all federally…
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