The GSI program of work for Canada undertakes research and policy engagement on subsidies for fuel consumers and producers at the provincial and national level. It’s key focus is on identifying the scale of subsidie, and strategies for their reform and ultimate removal, in line with Canada’s commitments to the G7 and G20.
Oil, gas and coal are multi-billion dollar businesses, yet every year fossil fuel companies get billions in tax breaks and handouts. In a world that’s shifting to cleaner sources of energy, those subsidies don’t make sense—especially when they work against the other actions we’re taking to fight climate change.
Alberta's orphan wells require proper decommissioning to prevent harm to the environment and surrounding community, but who will pay for this?
Canadians are facing many struggles right now: an unprecedented economic slowdown due to COVID-19, a global oil price shock, and the still-urgent challenge of transitioning to a low-carbon future.
BC’s fossil fuel subsidies reached CAD 830 million in 2017–2018. New subsidies continue to be created, including significant support for the liquefied natural gas (LNG) industry.
Provincial fossil fuel subsidies undermine the CleanBC plan introduced by the government in 2018 and hold the province back from meeting its targets for greenhouse gas emissions reductions.
This IISD report calls on British Columbia to pha
Ottawa, July 31 2019 – Ontario, a province undergoing an aggressive push to balance its budget after projecting a deficit of CAD 11.7 billion in 2018/19, still provides roughly CAD 700 million in subsidies to fossil fuels that increase greenhouse gas emissions and contribute to climate change, according to a new study by the International Institute for Sustainable Development (IISD)’s Global Subsidies Initiative.
This country study and accompanying data sheet compiles publicly available information on G20 subsidies to the production and consumption of coal (including coal-fired power) in Canada in 2016 and 2017.