When oil prices were high, successive governments spent freely as though the good times would never end.
The Canadian Pacific Railroad is the most famous case of federal involvement in infrastructure projects.
If wind and solar power are “cheaper” than conventional generation, then there would be no need for subsidies.
Bill C-69 would completely overhaul how major energy projects are reviewed by government in Canada.
For much of the summer, the federal government will backstop construction costs by Kinder Morgan, a private firm.
Pipeline expansion project may generate $50 billion in government revenue over 20 years.
The theoretical or “ideal” carbon-pricing system has never been implemented.
Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.
Capital investment in Canada’s oil and gas sector declined by an estimated 44 per cent from 2014 to 2017.
The proposed Enbridge Line 3 pipeline would carry 760,000 barrels per day from Alberta to Wisconsin.
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