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Merged from 1 Canadian reporting desks.
Behind Prime Minister Mark Carney and EU President Ursula von der Leyen’s joint announcement to make Canada an “associate member” of the 27-nation bloc by next June, there looms CBAM, a ‘carbon tax’ that could make it very expensive for Canadian companies shipping to Europe. Analysts say the solution lies at home.
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Could an EU carbon tax undo Canada’s 'alliance for the future' with Europe?
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