Game Changer? Smith and Carney's Carbon Pricing Deal

Real Talk Ryan Jespersen · May 15, 2026 · 1h 22m

This is a really big deal. As we record this episode, Ottawa and Alberta are closing in on an agreement that will see industrial carbon pricing rise more gradually (reportedly to $130 a tonne by 2040 instead of $170 by 2030). Industry says certainty matters. Investors say pricing matters. And politically? The timing is impossible to ignore. With separatist sentiment simmering and talk of a referendum this fall, some see this as Ottawa finally showing flexibility with Alberta — maybe even an example of Confederation actually working. But not everybody’s celebrating. BC Premier David Eby says…