Ottawa is moving to end public funding of new oil and gas projects overseas as it seeks to meet its COP26 commitments. Find out more.
announced on Thursday will apply to all federal departments, Crown corporations and public agencies, but will target Export Development Canada in particular. The agency within the Ministry for International Trade currently has $2.5 billion in committed financing for international fossil fuel projects — business that will not be renewed, Natural Resources Canada said in a release.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.
The policy addresses how Canada will meet the commitment it made last year at the COP26 climate conference alongside nearly 40 countries, including the United Kingdom and the United States.
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Ottawa moves to end subsidies for new oil and gas projects overseasOttawa is moving to end public funding of new oil and gas projects overseas as it seeks to meet its COP26 commitments. Find out more.
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Ottawa moves to end subsidies for new oil and gas projects overseasOttawa is moving to end public funding of new oil and gas projects overseas as it seeks to meet its COP26 commitments. Find out more.
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Ottawa moves to end subsidies for new oil and gas projects overseasOttawa is moving to end public funding of new oil and gas projects overseas as it seeks to meet its COP26 commitments. Find out more.
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Ottawa moves to end subsidies for new oil and gas projects overseasOttawa is moving to end public funding of new oil and gas projects overseas as it seeks to meet its COP26 commitments. Find out more.
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Ottawa moves to end subsidies for new oil and gas projects overseasOttawa is moving to end public funding of new oil and gas projects overseas as it seeks to meet its COP26 commitments. Find out more.
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Ottawa receiving $63.3 million to help cover OC Transpo operating deficitOttawa will receive $63.3 million in funding for the municipal transit system under Phase 4 of the federal-provincial Safer Restart Agreement.
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