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An oil pump jack pumps oil in a field near Calgary in this file photo. (Todd Korol/Reuters)
An oil pump jack pumps oil in a field near Calgary in this file photo. (Todd Korol/Reuters)

Canada’s new emissions plan poses a threat to Alberta oil industry Add to ...

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Ottawa’s new national plan to drive up taxes on greenhouse gas emissions threatens to deal the Alberta-based oil industry another financial blow.

Prime Minister Justin Trudeau this week surprised the sector, now in its third year of a painful downturn, with a plan that would require the province to increase its tax to $50 a tonne by 2023, or the federal government will impose an added levy.

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