Oil patch CEOs must show a pathway to increased production after striking carbon tax deal

The CEOs/leaders of Canada’s largest oil companies have been negotiating aggressively (“playing hardball”) with the federal and Alberta governments over carbon taxes. The article signals heightened regulatory friction for the sector, which is a mild headwind given potential cost and policy uncertainty.

Analysis

The CEOs/leaders of Canada’s largest oil companies have been negotiating aggressively (“playing hardball”) with the federal and Alberta governments over carbon taxes. The article signals heightened regulatory friction for the sector, which is a mild headwind given potential cost and policy uncertainty.