Ottawa offered up at least $18.6 billion in support of the fossil fuel and petrochemical industries in 2023.

$8 billion in loan guarantees for the Trans Mountain pipeline. $7.4 billion in public financing through the Crown corporation Export Development Canada. $1.3 billion for carbon capture and storage projects.

  • Grimy@lemmy.world
    6·
    7 months ago

    Thats why the money should be used to invest and diversify not help oil baron hoard even more wealth.

    • Nik282000
      1·
      7 months ago

      Do you think, just maybe, our politicians have some skin in this game and that they might stand to gain something from throwing billions into oil and gas?