this post was submitted on 01 May 2024
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Canada is still backing the fossil fuel industry with billions, report finds (www.cbc.ca)
submitted 6 months ago by [email protected] to c/[email protected]
15 comments fedilink hide all child comments
 

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.

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[–] [email protected] 25 points 6 months ago (2 children)

Sorry, we can't afford all those hospitals and houses and daycares and schools. We don't have any money!

(Hands bags of cash to an industry that's already profitable)

[–] [email protected] 10 points 6 months ago* (last edited 6 months ago)

Ontario is spending a ton on health care….but it’s building private practices and hiring private staff in our hospitals

[–] [email protected] 14 points 6 months ago

*to an industry who creates serious health complications that raise the costs of hospitals.