Close Menu
Money MechanicsMoney Mechanics
    What's Hot

    Index Insights: May 2026 | Cboe

    June 3, 2026

    Florida Property Tax Cut Heads to 2026 Ballot

    June 3, 2026

    3 Altcoins to Watch as June Begins With Weak Risk Appetite

    June 3, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Index Insights: May 2026 | Cboe
    • Florida Property Tax Cut Heads to 2026 Ballot
    • 3 Altcoins to Watch as June Begins With Weak Risk Appetite
    • Who’s the NFCC? Can They Help with Debt? (2026 Review)
    • Summer Vacation Hotspots around the United States
    • Modernist Compound With Ties to Frank Lloyd Wright Lists for $2.8 Million
    • Retired to Florida and Hate It? Here Is Your ‘Half-Back’ Escape Plan
    • Alphabet Sits Out Tuesday’s Tech Stock Surge: Stock Market Today
    Facebook X (Twitter) Instagram
    Money MechanicsMoney Mechanics
    • Home
    • Markets
      • Stocks
      • Crypto
      • Bonds
      • Commodities
    • Economy
      • Fed & Rates
      • Housing & Jobs
      • Inflation
    • Earnings
      • Banks
      • Energy
      • Healthcare
      • IPOs
      • Tech
    • Investing
      • ETFs
      • Long-Term
      • Options
    • Finance
      • Budgeting
      • Credit & Debt
      • Real Estate
      • Retirement
      • Taxes
    • Opinion
    • Guides
    • Tools
    • Resources
    Money MechanicsMoney Mechanics
    Home»Earnings & Companie»Energy»Hodgson says Ottawa is close to providing clarity on B.C. tanker ban – Oil & Gas 360
    Energy

    Hodgson says Ottawa is close to providing clarity on B.C. tanker ban – Oil & Gas 360

    Money MechanicsBy Money MechanicsNovember 26, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Hodgson says Ottawa is close to providing clarity on B.C. tanker ban – Oil & Gas 360
    Share
    Facebook Twitter LinkedIn Pinterest Email


    (World Oil)- Energy and Natural Resources Minister Tim Hodgson said on Monday the government is getting close to being able to provide clarity on whether Ottawa would repeal the West Coast oil tanker ban.

    Hodgson says Ottawa is close to providing clarity on B.C. tanker ban – Oil & Gas 360

    Hodgson made the remarks while appearing before the House of Commons committee on natural resources, when he was asked about the status of the legislation prohibiting tankers from carrying more than 12,500 metric tons of crude oil in areas along the Northern coast of British Columbia.

    The tanker ban became law in 2019 under former prime minister Justin Trudeau and has been among the most criticized laws by the government of Alberta.

    Hodgson’s remarks come as Ottawa is nearing a memorandum of understanding with Alberta on energy that could include a potential new oil pipeline.

    “We have been talking with that potential proponent, the Government of Alberta. We have been working on, as has been widely reported, a memorandum of understanding. That is a work in process right now,” Hodgson told the committee.

    “I think we are getting close to a place, and when that gets done we’ll have some more clarity.”

    B.C. Premier David Eby has called on Ottawa to keep the ban in place, and Hodgson has previously said any pipeline through B.C. would need support from the province and First Nations.

    As of now, no company has stepped up willing to build an oil pipeline from Alberta to B.C., but Smith has said her government nevertheless intends to submit a proposal to the Major Projects Office next spring.

    Smith said such a deal with the federal government would involve a “grand bargain” which would see the proposed Pathways alliance carbon-capture project move forward alongside a proposed oil pipeline to Canada’s West Coast.

    Visiting Ottawa last month, Smith also said she was open to reinforcing Alberta’s industrial carbon price.

    When Prime Minister Mark Carney cancelled the consumer carbon price last spring, he did so with a commitment to strengthening the industrial carbon price, which contributes far more to eliminating greenhouse gases than the consumer fuel levy.

    Carney has yet to explain how it will be strengthened, but the recent climate competitiveness strategy in the federal budget also committed to doing so.

    This report by The Canadian Press was first published Nov. 25, 2025



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBitcoin Has Regained Some Ground. Strategy’s Michael Saylor ‘Won’t Back Down’
    Next Article Nvidia’s Business Is Booming. Its Stock Is Falling. What Gives?
    Money Mechanics
    • Website

    Related Posts

    HSBC flags a super-squeeze in the oil market

    June 2, 2026

    EnerCom Denver Premier Networking Events for the 31st Annual Energy Investment Conference, Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night August 17–19, 2026, in Denver, Colorado

    June 2, 2026

    Weatherford to acquire oilfield tech firm NCS Multistage

    June 1, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Index Insights: May 2026 | Cboe

    June 3, 2026

    Florida Property Tax Cut Heads to 2026 Ballot

    June 3, 2026

    3 Altcoins to Watch as June Begins With Weak Risk Appetite

    June 3, 2026

    Who’s the NFCC? Can They Help with Debt? (2026 Review)

    June 3, 2026

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading

    At Money Mechanics, we believe money shouldn’t be confusing. It should be empowering. Whether you’re buried in debt, cautious about investing, or simply overwhelmed by financial jargon—we’re here to guide you every step of the way.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Links
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Resources
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To
    Get Informed

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading
    Copyright© 2025 TheMoneyMechanics All Rights Reserved.
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To

    Type above and press Enter to search. Press Esc to cancel.