Prime Minister Mark Carney signs an MOU with Alberta Premier Danielle Smith in Calgary, Alta., on Nov. 27, 2025. The Canadian Press/Jeff McIntosh
Prime Minister Mark Carney and Alberta Premier Danielle Smith are expected to soon sign a deal establishing the industrial carbon pricing rate for the province.
According to multiple media sources, both governments have agreed that Alberta’s effective carbon price will increase to $130 a tonne by 2040. Ottawa had previously proposed that it would reach $170 per tonne by 2030.
