Environment Minister Steven Guilbeault says the policy directive will be similar to the one last year ending most of Canada’s public financing for international fossil-fuel projects.Environment Minister Steven Guilbeault speaks at a press conference, in Ottawa, Monday, June 5, 2023.
The Liberal government is expected next week to finally fulfil a promise Canada made 14 years ago to end federal subsidies that aid in the production of fossil fuels. Environment Minister Steven Guilbeault says the policy directive will be similar to the one last year ending most of Canada’s public financing for international fossil-fuel projects.
That means going forward, fossil-fuel projects could only receive federal funding if the government could square them with Canada’s climate commitments.
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