OPINION: Canada’s murky bailout deal for oil and gas will cost us all by Dianne Saxe

"The COVID-19 pandemic, coupled with low oil prices, have created extraordinarily hard times in oil producing provinces such as Alberta, and unemployment not seen since the Great Depression. Quite properly, the federal government has promised to help. But it is shameful that Prime Minister Justin Trudeau is using your tax dollars to bail out the oil and gas exploration and production industry, perhaps the wealthiest and most polluting industry in human history.

The government is patting itself on the back for resisting some egregious industry demands and for one good program: a $200 million loan to Alberta’s Orphan Well Association to properly close some abandoned oil and gas wells. Due to the hard work of grassroots activists such as the Alberta Liability Disclosure Project, this $200 million is to be repaid by the industry, which, by law, was always supposed to clean up its own wells. An oversight committee will include local and Indigenous representatives."

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Photo by Zbynek Burival on Unsplash