March 6, 2026
RED FM News Desk
The Canadian Taxpayers Federation is calling on governments across Canada to eliminate carbon taxes after Canadian Natural Resources Limited announced it is pausing its planned $8.25-billion expansion of the Jackpine Oil Sands Mine in northern Alberta.
The organization says the decision highlights how carbon pricing policies are affecting major investment projects in Canada’s energy sector.
“Canada is years behind because carbon taxes and regulations have been weighing down our economy,” said Kris Sims, Alberta director for the Canadian Taxpayers Federation. She urged Danielle Smith and Mark Carney to scrap all carbon taxes, arguing the pause on a multibillion-dollar project could cost jobs and reduce government royalty revenues.
“Even a pause on a multi-billion-dollar project costs Canadians jobs and it costs governments royalties that could slow soaring government debt,” Sims said. “A cancellation of a project like this would be a serious blow.”
According to reports, Canadian Natural Resources said the expansion of its Jackpine oil-sands mine is being paused due to uncertainty surrounding government policies, including carbon pricing.
While the federal government has eliminated the consumer carbon tax, an industrial carbon pricing system remains in place for sectors such as oil and gas, steel and fertilizer production.
In November, the federal government and the Alberta government signed a memorandum of understanding that outlines the future of industrial carbon pricing. Under the agreement, the effective carbon price is expected to rise to at least $130 per tonne in the coming years.
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