A price will also be put on each tonne of greenhouse gas emissions reduced as part of work so the federal government can figure out how efficient it is with its spending.

Prime Minister Justin Trudeau told reporters during a visit to Fort McMurray that lingering opposition to projects like Kinder Morgan's Trans Mountain expansion is a result of the former Conservative government having ignored the concerns of environmentalists.

Prime Minister Justin Trudeau is taking his government's balancing act between the economy and the environment on a western Canadian road show this week.