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submitted 8 months ago by RandAlThor@lemmy.ca to c/canada@lemmy.ca

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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[-] cyborganism@lemmy.ca -4 points 8 months ago

Well... Yeah. Between that and the housing market, what else is running Canada's economy? Telecom and grocery monopolies? Our economy is not great...

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this post was submitted on 01 May 2024
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