Pembina Institute reacts to the International Energy Agency’s roadmap to limit global warming
Fifty of Canada’s largest companies made record profits during the pandemic while many paid lower effective tax rates, many benefited from tax havens, and a handful received support through the Canada Emergency Wage Subsidy (CEWS) program, according to new research by economist D.T. Cochrane, Policy Researcher for Canadians for Tax Fairness (C4TF).
Pieridae Energy has plans to build a Liquified Natural Gas (LNG) facility in Goldboro, Nova Scotia—and it’s seeking one billion dollars in federal support to get the project off the ground.
Fifty Canadian companies either dodged taxes and/or received federal wage subsidies, while making record profits during the Covid-19 Pandemic, according to new research by economist Dr. D.T. Cochrane, Policy Researcher for Canadians for Tax Fairness (C4TF).
Dear Prime Minister Trudeau,
The undersigned 16 climate justice organizations are writing to express our grave concern with the Government of Canada’s position on the decommissioning of Enbridge’s Line 5 oil pipelines in the Straits of Mackinac.
Pembina Institute reacts to establishment of council in response to recommendation by the federal expert panel on sustainable finance
Pembina Institute reacts to proposed changes to Alberta’s Mine Financial Security Program
Pembina Institute reacts to Athabasca Chipewyan First Nation’s investment in clean electricity
Despite Canada’s climate change commitments, the country’s “big five” banks continue to finance and support the expansion of fossil fuel industries. In fact, the extent of the banks’ support since the oil price collapse in 2014 shows that this backing hinders Canada’s progress on reducing emissions.
The Covid-19 pandemic has worsened inequalities, and countries should enact progressive taxes to reduce gaps in income and in access to services, according to the International Monetary Fund (IMF)’s April 2021 Fiscal Monitor Report.