Alberta government freezes industrial carbon price

Alberta Premier Danielle Smith says her government is freezing its industrial carbon price effective immediately at 95-dollars per tonne of emissions.The industrial carbon price had been scheduled to increase to 110 dollars next year and continue rising to 170 dollars per tonne by 2030.She says the freeze is critical to keep Albertan industry competitive and defend jobs during Canada's tariff fight with the United States. Prime Minister Mark Carney announced the effective cancellation of the federal consumer carbon price shortly after he took office in March.

Statistics Canada says preliminary figures for April continue to point to a sharp drop in return trips from the United States by Canadian residents. The agency says the number of Canadian-residents returning by automobile from the United States in April fell on a year-over-year basis for the fourth consecutive month as it dropped 35.2 per cent to 1.2 million. Canadians have cancelled trips to the U.S. in the wake of U.S. President Donald Trump's tariffs on Canadian goods and his desire for Canada to become the 51st state. Canadian-residents returning by air from the United States in April tota

B-C Highway Patrol says one of its unmarked vehicles was involved in a crash that diverted traffic on the Coquihalla Highway for nine hours this weekend.Police say the crash happened Saturday morning between an unmarked police pickup truck and another pickup, which were both going north towards Kamloops.   Investigators say they've spoken with witnesses and gathered dashcam footage, but they're still on the hunt for more people who may have seen the crash.   Police say the vehicles were both badly damaged.The officer, and a 21-year-old woman and her 19-year-old passenger, both from

The national chief of the Assembly of First Nations says talk of Alberta separatism is 'irresponsible' and it's "not smart" for politicians to make statements about it without consulting with First Nations first. Alberta Premier Danielle Smith has introduced a bill that would make it easier for Albertans to launch referendums on various topics — including splitting from Canada. Smith has pointed to growing alienation in her province and frustration with Ottawa, saying those wanting to separate "are not fringe voices." National Chief Cindy Woodhouse Nepinak says any effort by Alberta to split

U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.9% Monday. The Dow Jones Industrial Average rose 995 points, and the Nasdaq composite gained 3.9%. Hopes for an economy less encumbered by tariffs also sent crude oil prices higher. The U.S. dollar strengthened against other currencies, and Treasury yields jumped on expectations the Federal Reserve won't have to cut interest rates so deeply this year in order to protect the economy. Analysts warned conditions could still quickly change, as has so often happe