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Why Does Canada Give Tax Breaks to the World’s Richest Polluters?

A really great analysis just posted by CBC's Senior Business Producer, Don Pittis, looks at why Canada (read: taxpayers) is subsidizing oil companies to the tune of $34 billion.

All this money is being spent on some of the world's richest companies to find more oil, which will subsequently pump more greenhouse gas emissions into our air — a viscious cycle that we as taxpayers are actively promoting with our own hard-earned money.

As Pittis writes:

"Despite saying one thing while doing another, the annoying part for people like me — who believe that the forces of economics are beneficial — is that these multibillion-dollar global subsidies subvert the market. They give false signals about how much we as a society should invest in an industry that many say is endangering the health of our planet."

You can read the entire article here: Why your taxes pay to make climate change worse.

Photo: Kris Krug via Flickr

Threats to our environment are often hidden from public view.
So we embarked on a little experiment at The Narwhal: letting our investigative journalists loose to file as many freedom of information requests as their hearts desired.

In just six months, they filed a whopping 233 requests — and with those, they unearthed a veritable mountain of government documents to share with readers across Canada.

But the reality is this kind of digging takes lots of time and no small amount of money.

As many newsrooms cut staff, The Narwhal has doubled down on hiring reporters to do hard-hitting journalism — and we do it all as an independent, non-profit news organization that doesn’t run any advertising.

Will you join the growing chorus of readers who have stepped up to hold the powerful accountable?
Threats to our environment are often hidden from public view.
So we embarked on a little experiment at The Narwhal: letting our investigative journalists loose to file as many freedom of information requests as their hearts desired.

In just six months, they filed a whopping 233 requests — and with those, they unearthed a veritable mountain of government documents to share with readers across Canada.

But the reality is this kind of digging takes lots of time and no small amount of money.

As many newsrooms cut staff, The Narwhal has doubled down on hiring reporters to do hard-hitting journalism — and we do it all as an independent, non-profit news organization that doesn’t run any advertising.

Will you join the growing chorus of readers who have stepped up to hold the powerful accountable?

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The Narwhal’s reporters are telling environment stories you won’t read about anywhere else. Stay in the loop by signing up for a weekly dose of independent journalism.
As The Narwhal turns five, I’m thinking about the momentous outpouring of public generosity — a miracle of sorts — that’s allowed us to prove the critics wrong. More than 6,000 people just like you donate whatever they can afford to make independent, high-stakes journalism about the natural world in Canada free for everyone to read. Help us keep the dream alive for another five years by becoming a member today and we’ll mail you a copy of our beautiful 2023 print magazine. — Carol Linnitt, co-founder
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As The Narwhal turns five, I’m thinking about the momentous outpouring of public generosity — a miracle of sorts — that’s allowed us to prove the critics wrong. More than 6,000 people just like you donate whatever they can afford to make independent, high-stakes journalism about the natural world in Canada free for everyone to read. Help us keep the dream alive for another five years by becoming a member today and we’ll mail you a copy of our beautiful 2023 print magazine. — Carol Linnitt, co-founder
Keep the dream alive.