An undated and heavily redacted briefing note titled 'Oil and Gas Cap Off-Ramps' also appears in the 45-page package of materials
OTTAWA — One of Prime Minister Carney’s top advisors was hedging his bets against the Liberal government’s oil and gas emissions cap months before it was announced in late 2023 , according to documents obtained through access-to-information.
Correspondence and briefing materials from early to mid-2023 show that then deputy finance minister Michael Sabia sought guidance from his staff on “potential off-ramps” from the cap, presumably to allow the government a graceful exit from the policy.
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“I’m writing to provide a status update on the (Deputy Minister’s) recent request for analysis on the oil and gas emissions cap. We understand (he) has