Energy Policies

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.

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