Canada’s oil & gas industry has contributed more than $4-billion a year to federal revenues, yet Bill S-243 would force banks, pension funds and insurers to apply a 1,250 % risk weight to new fossil fuel debt and at least 150% to existing projects, making financing virtually impossible and turning Canada’s once proud energy superpower into a financial blacklist. Critics warn it will cripple the sector, cost jobs and erode provincial fiscal health.
Is Canada heading down the wrong path by copying Europe’s Carbon Border Adjustment Mechanism? Dr. Nemeth’s article explores how adopting the EU’s model could burden Canadian exporters, strain U.S. relations, and why a smarter path lies in trade diversification on Canada’s own terms.
On this podcast episode of The Nemeth Report, Dr. Tammy Nemeth chats with energy expert Paul Tice to discuss his recent report, A Strategy for Financing the Nuclear Future. Tice discusses why U.S. nuclear power projects have stalled, lessons from Vogtle, and innovative financing strategies to advance the future of nuclear energy.
Canada is shifting trade from the US to the EU under Mark Carney, but tough EU climate rules risk pricing out Canadian businesses – especially small and energy-intensive ones. Meanwhile, the US remains a simpler partner, and Asia offers growing, less regulated markets. Is EU integration worth the cost?
