Joe Oliver: Will the Liberals adopt an unhinged Senate bill discouraging fossil fuel investment? — via fpcomment
The bill targets federal financial crown corporations, banks, trust and loan companies, pension funds and credit unions. It covers every type of debt or equity financing of exploration, extraction, production, transportation, storage, exportation, refining or retailing ofand their combustion for energy generation in a power plant — basically, everything Canada needs to remain an industrial society.
The bill would effectively discourage — in some cases probably even block — financing of pipeline operators, natural gas distributors and fuel companies . By including downstream emissions, the onerous risk weightings could extend to: goods and services inputs, waste disposal, business travel, delivery services and even financing of sparkling water companies and the cattle industry .
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joe Oliver: Will the Liberals adopt an unhinged Senate bill discouraging fossil fuel investment?Bill S\u002D243, the “Climate\u002DAligned Finance Act,” would undermine free markets, the energy sector and the Canadian economy. Read more.
Read more »
John Ivison: Supposedly nothing-to-hide Trudeau Liberals are hiding more details on foreign interferenceFrom the outset, Trudeau and his ministers have said Canadians deserve answers, but the government has appeared to be running interference.
Read more »
John Ivison: Supposedly nothing-to-hide Trudeau Liberals are hiding more details on foreign interferenceFrom the outset, Trudeau and his ministers have said Canadians deserve answers, but the government has appeared to be running interference.
Read more »
John Ivison: Supposedly nothing-to-hide Trudeau Liberals are hiding more details on foreign interferenceFrom the outset, Trudeau and his ministers have said Canadians deserve answers, but the government has appeared to be running interference.
Read more »
Liberals announce $625-million child care infrastructure fundThe early learning and child care infrastructure fund will help child care providers renovate, retrofit and build new facilities by covering the costs of physical infrastructure such as real estate and building materials cdnpoli
Read more »
Sonic the Hedgehog on skates: 2023 NHL Draft prospect Oliver Moore is more than his speedMoore might be the fastest prospect since Connor McDavid but prides himself on his hockey brain above all.
Read more »