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Pipelines or Progress: Government support for oil and gas pipelines in Canada
The report finds that Canadian governments provided over CAD 23 billion in support for oil and gas pipelines between 2018 and 2020, with over CAD 10 billion provided after the onset of COVID-19. This support, which includes loans, loan guarantees, and equity investments, is argued to undermine Canada's climate commitments and expose taxpayers to significant financial risk due to cost overruns, legal challenges, and declining private sector interest in fossil fuel infrastructure.
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Document type: Report
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