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Top business group warns Carney’s ‘net zero’ push spells disaster for Canada’s economy

Published

7 months ago

3 minute read

From LifeSiteNews

By Anthony Murdoch

‘The net zero climate agenda coupled with big government and regulatory overreach has proven itself to be disastrous,’ warned the Coalition of Concerned Manufacturers and Businesses Canada.

One of Canada’s largest business advocacy groups has warned that Prime Minister Mark Carney’s Liberal Party win in last week’s federal election will “further stagnate” the nation’s already weakened economy.

Coalition of Concerned Manufacturers and Businesses Canada (CCMBC) President Catherine Swift warned in a statement last week that commitments by the federal government for carbon “net-zero” emissions will create more regulatory burdens and will ultimately negatively impact the Canadian economy.

“The net zero climate agenda coupled with big government and regulatory overreach has proven itself to be disastrous for the economy generally, and is especially harmful to the small- and medium-sized business (SME) community,” noted Swift.

In her statement, Swift put out a warning that if Carney keeps in place former Prime Minister Justin Trudeau’s green policies, “the regulatory and policy outlook continue to be negative for (businesses), fewer will remain in Canada.”

She noted how Carney supports an industrial carbon tax as well as broader yet-to-be-named carbon tax measures.

“If businesses were permitted to retain more revenue, they might be able to fund more climate measures, but this double hit is simply not sustainable,” she said.

Swift warned that under Carney, “National unity will become more fractious,” as his policies will alienate western provinces, such as Alberta, which supplies the nation with most of its oil and gas.

“The only solution is for Carney to put some water in his net zero wine and devise policies that will both enable the economy to grow while implementing more tangible, measurable climate policies,” she argued. “Further damaging the (business) sector by even more government expansion and burdensome regulatory policies does not bode well for a successful future for Canada.”

Carney worked as the former governor of the Bank of Canada and Bank of England and spent many years promoting green financial agendas.

Since taking office in 2015, then under Trudeau, the Liberal government has continued to push a radical environmental agenda like those being pushed by the World Economic Forum’s “Great Reset” and the United Nations’ “Sustainable Development Goals.” Part of this push includes the promotion of so called “net zero” energy by as early as 2035 nationwide.

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Canada Can Finally Profit From LNG If Ottawa Stops Dragging Its Feet

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Looks like the Liberals don’t support their own Pipeline MOU

Published on December 9, 2025

By

From Pierre Poilievre

Conservative Leader Pierre Poilievre has called a vote in support of Mark Carney’s Pipeline MOU with the province of Alberta.
Surprisingly Liberal MP’s are not supporting their leader’s MOU meaning if there’s an election in the near future, Canadians will know that the Liberal government actually voted against their own MOU with the province of Alberta.

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Business

Canada Can Finally Profit From LNG If Ottawa Stops Dragging Its Feet

Published on December 9, 2025

By

From the Frontier Centre for Public Policy

By Ian Madsen 

Canada’s growing LNG exports are opening global markets and reducing dependence on U.S. prices, if Ottawa allows the pipelines and export facilities needed to reach those markets

Canada’s LNG advantage is clear, but federal bottlenecks still risk turning a rare opening into another missed opportunity

Canada is finally in a position to profit from global LNG demand. But that opportunity will slip away unless Ottawa supports the pipelines and export capacity needed to reach those markets.

Most major LNG and pipeline projects still need federal impact assessments and approvals, which means Ottawa can delay or block them even when provincial and Indigenous governments are onside. Several major projects are already moving ahead, which makes Ottawa’s role even more important.

The Ksi Lisims floating liquefaction and export facility near Prince Rupert, British Columbia, along with the LNG Canada terminal at Kitimat, B.C., Cedar LNG and a likely expansion of LNG Canada, are all increasing Canada’s export capacity. For the first time, Canada will be able to sell natural gas to overseas buyers instead of relying solely on the U.S. market and its lower prices.

These projects give the northeast B.C. and northwest Alberta Montney region a long-needed outlet for its natural gas. Horizontal drilling and hydraulic fracturing made it possible to tap these reserves at scale. Until 2025, producers had no choice but to sell into the saturated U.S. market at whatever price American buyers offered. Gaining access to world markets marks one of the most significant changes for an industry long tied to U.S. pricing.

According to an International Gas Union report, “Global liquefied natural gas (LNG) trade grew by 2.4 per cent in 2024 to 411.24 million tonnes, connecting 22 exporting markets with 48 importing markets.” LNG still represents a small share of global natural gas production, but it opens the door to buyers willing to pay more than U.S. markets.

LNG Canada is expected to export a meaningful share of Canada’s natural gas when fully operational. Statistics Canada reports that Canada already contributes to global LNG exports, and that contribution is poised to rise as new facilities come online.

Higher returns have encouraged more development in the Montney region, which produces more than half of Canada’s natural gas. A growing share now goes directly to LNG Canada.

Canadian LNG projects have lower estimated break-even costs than several U.S. or Mexican facilities. That gives Canada a cost advantage in Asia, where LNG demand continues to grow.

Asian LNG prices are higher because major buyers such as Japan and South Korea lack domestic natural gas and rely heavily on imports tied to global price benchmarks. In June 2025, LNG in East Asia sold well above Canadian break-even levels. This price difference, combined with Canada’s competitive costs, gives exporters strong margins compared with sales into North American markets.

The International Energy Agency expects global LNG exports to rise significantly by 2030 as Europe replaces Russian pipeline gas and Asian economies increase their LNG use. Canada is entering the global market at the right time, which strengthens the case for expanding LNG capacity.

As Canadian and U.S. LNG exports grow, North American supply will tighten and local prices will rise. Higher domestic prices will raise revenues and shrink the discount that drains billions from Canada’s economy.

Canada loses more than $20 billion a year because of an estimated $20-per-barrel discount on oil and about $2 per gigajoule on natural gas, according to the Frontier Centre for Public Policy’s energy discount tracker. Those losses appear directly in public budgets. Higher natural gas revenues help fund provincial services, health care, infrastructure and Indigenous revenue-sharing agreements that rely on resource income.

Canada is already seeing early gains from selling more natural gas into global markets. Government support for more pipelines and LNG export capacity would build on those gains and lift GDP and incomes. Ottawa’s job is straightforward. Let the industry reach the markets willing to pay.

Ian Madsen is a senior policy analyst at the Frontier Centre for Public Policy.

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