Is the Canadian Oil Industry Subsidized?
Many activist groups, and even certain political actors, maintain that the Canadian oil industry is heavily subsidized. The Montreal Economic Institute looked into the matter and carried out a rigorous examination of the studies on which this notion is based. In this Economic Note, the MEI concludes that the subsidies in question are far from being as generous as these studies claim, and moreover that the largest of the subsidy programs will disappear between now and January 1st, 2016.
Media release : Oil industry subsidies: Limited amounts in an ocean of government support
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| Oil industry subsidies: A reality check (The Calgary Herald & The Edmonton Journal, May 14, 2014)
Subventions à l’industrie pétrolière: les critiques exagèrent (Huffington Post Québec, May 14, 2014) IMF’s imagined $34-billion: Silly stats are behind claims that Canada subsidizes oil industry (National Post, May 21, 2014) |
Interview (in French) with Youri Chassin (Radio X Montréal, May 14, 2014) | Interview with Youri Chassin (Business News Network, May 14, 2014) |