Governments must take steps to stop their export credit agencies from providing financial help to oil and gas projects worldwide, say a University of Cambridge professor and an environmental law expert barrister.
A veteran Liberal backbencher took a Liberal cabinet minister to task on Tuesday, March 23, 2021, for failing to give real teeth to a new watchdog who is supposed to investigate human rights abuses by Canadian companies operating abroad.
The Canadian Association of Petroleum Producers says if bridge loans for smaller oil and gas companies aren't ready to flow soon some companies will have to turn to less-safe options to survive the COVID-19 slowdown.
In a report released Tuesday, sustainable development consulting firm Horizon Advisors recommends that the government legally bar Export Development Canada (EDC) from aiding any fossil fuel energy projects.
Representatives from Canada's oilpatch said on Thursday, May 28, 1010, they don't know of a single energy company that has yet benefited from any of Ottawa's pandemic-inspired loan programs and many think the cost to access them is too high.
Devastated bars and lounges as well as the country's hard-hit cannabis sector will have access to $40 billion in new credit being made available via the government's business bank during the COVID-19 crisis, its CEO said on Sunday, April 5, 2020.
Canada's $1.6-billion bailout package for Alberta's battered oil industry is well underway but with little transparency about who is getting the money and for what.
Canada's promise to produce an inventory of its fossil fuel subsidies as part of a joint peer review with Argentina appears to be off schedule and may not deliver results until 2021, an environmental advocate says.
