Environment Minister Steven Guilbeault is set to publish policy guidelines that will dictate the circumstances under which future federal investments can still flow to Canadian oil and gas firms.
The Organization for Economic Co-operation and Development said in 2021 that Canada’s domestic subsidies included $3.4 billion in tax policies and $600 million in direct grants.
Guilbeault would not say Friday what the definition will be, but he has been clear that he does not consider funding to help companies cut emissions to be “inefficient.”
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