Subsidies to Fossil Fuel Companies
Whereas the Federal government recently released a scientific report that reveals that Canada is warming at twice the global rate, the Provincial government recently approved a 5.35-billion package of tax incentives for a 40-billion LNG Canada megaproject, supported by 1.275 billion from the Federal government, and, according to a 2015 report by the International Monetary Fund, the annual Federal government subsidy to the fossil fuel industry is 46 billion; And whereas the funding formula for local governments has changed little since 1867 with local governments receiving roughly 8 cents o