The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow Scotia Capital analyst Jason Bouvier assesses the winners and losers from the Trudeau government’s plan to jack up the carbon tax, “There continues to be legal challenges against the Federal Government’s imposition of a price on carbon on the provinces. The Supreme Court of Canada will hear three cases to determine if the Federal Carbon tax legislation is constitutiona l… We see a higher carbon price as positive for companies who develop or own Canadian renewables (BEP, BLX, INE, NPI). It would be negative for companies with high cost Alberta merchant thermal generation – but we see CPX and TA’s renewable exposure offsetting this … We expect higher carbon taxes to have the greatest impact on oil sands producers and companies with refineries in Canada (SU and IMO). We anticipate that higher carbon taxes will decrease NAVs for oil sands/ integrateds and conventional producers by roughly 3% and 1%, respectively. OVV and ERF are the best positioned companies within our coverage space as most of their production is outside of Canada and they have the lowest GHG intensity.”