Ottawa is restricting the conditions under which it will allow subsidies to the fossil fuel industry.
Subsidies aiding Indigenous involvement in the industry will continue, as will those that support service to a remote community or form part of an emergency response.‘An entire province praying’ for safe return of 4 missing people from floods: N.S. premier
The federal Liberals will also permit subsidies that align with Article 6 of the Paris Agreement, which allows countries to claim carbon credits for providing fuels capable of lowering the carbon footprint of another country. Federal officials say the framework will influence 129 non-tax measures, although they couldn’t say how it might affect the industry financially.
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