Canada: Oil, Gas & Electricity

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Future Of Canada’s Carbon Markets Anchored By Canada-Alberta MOU Implementation Agreement
On May 15, 2026, the Prime Minister of Canada and the Premier of Alberta announced an agreement to implement the Canada-Alberta Memorandum of Understanding (MOU) announced in November 2025. This implementation agreement (Agreement) is the latest announcement on intergovernmental cooperation and formalizes the draft cooperation agreement announced in April and discussed in our March 25, 2026 Update: “Canada and Alberta sign draft cooperation agreement on impact assessment after historic MOU”.
Canada Energy
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Osler, Hoskin & Harcourt LLP
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