John Woodside

Without federal intervention, no environmental assessment will be carried out on a proposed mine in the Ring of Fire — a boon to Australian billionaires at the expense of the local Neskantaga First Nation.

#16 of 16 articles from the Special Report: Share this article Prime Minister Mark Carney speaks to reporters before question period on Oct. 9, 2025.

Share this article Prime Minister Mark Carney speaks to reporters before chairing a cabinet meeting on Nov. 18, 2025. Photo by: Natasha Bulowski / Canada's National Observer

The most important takeaway from this year’s UN climate summit isn’t in the agreement — it’s that the world is splitting into fossil fuel and clean energy states, leaving Canada at a fork in the road that could decide its fate for decades to come.

A newly signed memorandum of understanding gives Alberta almost its entire list of demands, from the removal of regulations to the fast-tracking of a pipeline.

After becoming Trudeau’s climate minister, Guilbeault was a prolific supporter and architect of many of the climate policies that came to define the previous government’s vision — many of which were abandoned on Thursday in Mark Carney’s deal with Alberta.

Many in the climate movement saw a fellow traveller in Mark Carney — the man who could preach climate action in the language of finance — but what if they were wrong from the very start?

After previously failing to develop sustainable investing guidelines, Canada is lagging behind much of the world and a new, arms-length body has been tapped to help the country catch up.

In theory, industrial carbon pricing is a workhorse climate policy for Canada. But a fractured regulatory landscape and some provinces' hostility is undermining it and now the feds are preparing to step in.

Financial data suggests Canadian banks are poised to profit if Donald Trump’s plan to takeover Venezuela’s oil industry comes to fruition.