Story perspectives

Canada's Budget 2025: Climate Strategy Faces Criticism

11/7/2025

Summary

Story summary

Canada's government released Budget 2025 with a Climate Competitiveness Strategy to cut emissions and grow the economy.
The strategy aims to strengthen carbon pricing, tighten methane rules, and invest in carbon capture.
It scraps the previous oil-and-gas emissions cap, saying carbon markets will suffice.
Critics, including environmental groups, say the plan lacks concrete measures and that tax credits are underutilized, with $22 million claimed of $9 billion.

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Story summary

Canada's government released Budget 2025 with a Climate Competitiveness Strategy to cut emissions and grow the economy.
The strategy aims to strengthen carbon pricing, tighten methane rules, and invest in carbon capture.
It scraps the previous oil-and-gas emissions cap, saying carbon markets will suffice.
Critics, including environmental groups, say the plan lacks concrete measures and that tax credits are underutilized, with $22 million claimed of $9 billion.