The Cenovus Christina Lake oilsands facility steam-assisted gravity drainage pad southeast of Fort McMurray, Alta., is shown on April 24, 2024. The Canadian Press/Amber Bracken
There’s been some good momentum toward elevating Canada’s status as a global oil and gas supplier, but the industrial carbon price is eroding its competitive edge, says the head of the Canadian Association of Petroleum Producers.
“We’re still talking about an industrial carbon tax when no other producing and exporting nation does that to their producers,” Lisa Baiton said in an interview as the 2026 BMO CAPP Energy Symposium kicked off in Toronto on Tuesday.
