Canada's Oil Industry Enjoys Boom Year, But There's a Catch

Canada's oil industry is enjoying a boom year with the start of the Trans Mountain Expansion Project in May, which tripled the volumes Alberta's oil producers can send via the pipeline to the Pacific coast. But the ambitious climate policies of the federal government of Prime Minister Justin Trudeau – with plans to cap emissions on hydrocarbon production – are angering energy producers and alienating voters. Canada's federal policies to reduce greenhouse gas emissions include policies such as more taxes, including carbon taxes on the…