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TC Energy Corp
Symbol TRP
Shares Issued 1,041,766,896
Close 2026-05-14 C$ 93.59
Market Cap C$ 97,498,963,797
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Globe says Enbridge, TC Energy told Pathways is key

2026-05-15 07:46 ET - In the News

See In the News (C-ENB) Enbridge Inc

The Globe and Mail reports in its Friday edition that Prime Minister Mark Carney says a new oil pipeline from Alberta to the West Coast depends on a large carbon-capture project in the oil sands, even as support from the province's energy sector declines. The Globe's Emma Graney writes that Mr. Carney made the comment Thursday -- the day before he and Alberta Premier Danielle Smith were due to announce the details of a deal on carbon pricing in the province. The Globe has reported that the fee in question would rise to $130 per tonne by 2040, from Alberta's current price of $95. The agreement advances the finalization of last year's memorandum of understanding, which tied Ottawa's support for a potential pipeline to Alberta raising its carbon price and achieving goals like reducing greenhouse gas emissions through carbon capture. Ms. Smith called that compromise a "grand bargain." She said Monday that she and Mr. Carney felt an urgency to reach a carbon pricing deal as industry support for the grand bargain, which includes Pathways construction, was declining. But on Thursday, Mr. Carney was unequivocal: "No Pathways, no pipeline." The Pathways initiative aims to cut emissions by 22 megatonnes a year.

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