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5 things you need to know this morning: May 15, 2026

Start your day off right with five things you need to know this morning.

Five things you need to know

1. Carney makes carbon capture demand clear: 'No Pathways, no pipeline'

Mark Carney has made his conditions for allowing Alberta to build another oil pipeline to the BC coast abundantly clear, emphasizing on Thursday: “No Pathways, no pipeline.” It means Canada will push forward with its experimental approach to fossil fuel production – including the estimated $16.5 billion Pathways carbon capture project and a ratcheting carbon tax – that no other major supplier supports.


2. UAE announces new cross-country oil pipeline, predicts completion by 2027

One of Canada's rival oil producers, meanwhile, has announced it will build a new pipeline – and complete it by next year. The United Arab Emirates said it will accelerate construction of a cross-country conduit that bypasses the Strait of Hormuz, which has been effectively closed since the US and Israel attacked Iran on Feb. 28. The Abu Dhabi National Oil Company said the pipeline is expected to come online in 2027, doubling the company's export capacity.


3. Brookfield reveals $2 billion shares in SpaceX

Canadian investment titan Brookfield has revealed it owns $2 billion of SpaceX, having acquired the sought-after stake in the company ahead of its initial public offering that could come as soon as June. SpaceX is led by Elon Musk, a close ally of Donald Trump's and a man who has been repeatedly attacked by Canada's governing Liberal Party. Mark Carney, the party's leader and Canada's prime minister, was previously the chairman of Brookfield Asset Management and has revealed that he has options and deferred shares in Brookfield Corporation and Brookfield Asset Management.


4. Another tech firm says it will leave Canada if Ottawa passes bill to 'spy on its own citizens'

Canadian tech company Windscribe has joined Signal in warning that it will "move HQ and take our taxes elsewhere" if the Liberal government passes Bill C-22 (The Lawful Access Act). Windscribe said: "We pay an ungodly amount of taxes to this corrupt government, and in return they want to destroy the entire essence of our service to basically spy on its own citizens. Not happening." The CEO of Canadian tech darling Shopify, Tobi Lutke, said C-22 "is looking like a huge mistake" and "worries me a great deal," adding: "There is so much nonsense in there that It may well end up dealing a death blow to Canadian tech viability." The Liberals have said the law will update investigative tools for the digital age, but opponents have warned it would grant the state the ability to impinge on citizens' freedom and privacy.


5. Military punished soldiers who raised concerns about monitoring Canadians during COVID-19

In somewhat related news, the military reprimanded soldiers after they raised concerns about an order to monitor the internet activity of Canadians during the COVID-19 pandemic. According to a report from CBC News, "administrative action" was taken against a team told to scour social media accounts because it had been "deliberately" disregarding an order to create anonymous accounts for the task. The team was established in March 2020 with the aim of monitoring political discourse about COVID-19 in Canada. The Ottawa Citizen previously reported that some senior figures in the military saw the pandemic as an opportunity to try out new propaganda techniques on Canadians.



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