Opinion: If government is not careful, it could saddle Canadian taxpayers with a multi-billion dollar liability — and an unsolved pollution catastrophe
“Clean up your own mess.” — Robert Fulghum, Everything I Need to Know I Learned in Kindergarten
Ottawa must soon decide whether to approve Glencore’s bid to buy Teck’s Elk Valley coal mines. If the government is not careful, it could saddle Canadian taxpayers with a multi-billion-dollar liability — and an unsolved pollution catastrophe.
The federal government provided at least $18.5 billion to the fossil fuel and petrochemical industries last year, according to a new report by Environmental Defence.
The largest single subsidy was to Trans Mountain, which benefited from $8 billion in loan guarantees to try to get its nearly completed $35-billion pipeline expansion project to the finish line.
A majority of Canadians want Prime Minister Justin Trudeau’s government to implement a windfall tax on oil and gas companies’ profits, according to a new poll.
The findings from Leger come approximately one month before the federal government unveils its next budget. Before the budget is unveiled, environmental advocacy groups are urging Finance Minister Chrystia Freeland to respond to public support by taxing the record profits of the fossil fuel sector.
Despite commitments to align their portfolios with net-zero emissions, Canada’s largest banks are increasingly financing fossil fuel companies and pushing their decarbonization goals out of reach.
Big Agriculture And Far-Right Parties Set Farmers Against The Environment.
But producers on the ground in Brussels told a different story.
Across France, Italy and Belgium last week thousands of farmers descended on capital cities to express their deep discontent with the European food system.
