The Lions
Politics • Culture • Education
A group of friends with mostly centrist or conservative viewpoints who share resources and ideas about the governance of Alberta and Canada and about world events and trends.
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April 05, 2025

Canada's aid to the oil & gas sector topped $29.6B in 2024: Environmental Defence

Big-ticket items last year include $21B in financing for the Trans Mountain pipeline project
https://ca.finance.yahoo.com/news/canadas-aid-to-the-oil--gas-sector-topped-296b-in-2024-environmental-defence-142524302.html

Environmental Defence says its $29.6 billion figure spans direct grants, tax breaks, loans, and loan guarantees

Big-ticket items in 2024 include $21 billion in financing for the government-owned Trans Mountain pipeline project, and $7.5 billion in public financing through Export Development Canada.

Figures can't lie, but liars can figure. They make it sound like a grant but loans are just loans.

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