Tag Archives: Finance Canada

Fossil Fuel Lobbyists very active in 2025, report says

Fossil fuel interests increased their lobbying during Prime Minister Mark Carney’s tenure. According to Environmental Defence’s  2025 Fossil Fuel Playbook, iindustry lobbyists met with federal officials 986 times in 2025, despite a three-month lull during the election period.

Jennifer Lash, the Liberal candidate in North island-Powell River during the last election, responded, “There is no question that this Liberal government has signalled they are open to conversations with the fossil fuel sector and these numbers show that the companies are accepting the invitation. What really matters, however, is the outcome, particularly with the commitments in the MoU.  Canada must ensure the methane equivalency agreement and industrial carbon pricing regulations are rigorous and effective and I will be watching to see what happens in the coming weeks.”  

Continue reading Fossil Fuel Lobbyists very active in 2025, report says

Bloc Québécois MP Monique Pauzé confronts feds about Trans Mountain’s ‘cooked’ books

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

Bloc Québécois MP Monique Pauzé blasted the federal government in question period after a report forecasted roughly $17 billion of Trans Mountain’s public debt will be forgiven.

“The government has cooked the books to hide the fact that it continues to sink our money into the Trans Mountain pipeline,” the MP for Repentigny told the House of Commons in French on Oct. 7.

Continue reading Bloc Québécois MP Monique Pauzé confronts feds about Trans Mountain’s ‘cooked’ books

Finance Canada won’t rule out debt forgiveness for TMX

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

Finance Canada won’t confirm whether it will consider forgiving Trans Mountain’s massive public debts at the expense of taxpayers, despite ample indications that loan forgiveness is inevitable.

Continue reading Finance Canada won’t rule out debt forgiveness for TMX

Canada’s business case for Trans Mountain assumes 100 years of operation. The PBO is not so sure

By Morgan Sharp, National Observer, Local Journalism Initiative Reporter

Secret reports the federal government is relying on to argue the Trans Mountain pipeline expansion is commercially viable are based on the unrealistic assumption the pipeline will operate for 100 years, Canada’s financial watchdog told Canada’s National Observer.

Continue reading Canada’s business case for Trans Mountain assumes 100 years of operation. The PBO is not so sure