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House Hansard - 74

44th Parl. 1st Sess.
May 18, 2022 02:00PM
Context: House Hansard - 74 - May/18/22
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • May/18/22 2:35:27 p.m.
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Mr. Speaker, I know that Canadians across the country are struggling because of the increased cost of living. We will continue to be there to support them. With regard to the public financing of the fossil fuel sector, we are gradually eliminating those subsidies. Nothing will distract us from our goal of giving Canadians clean air and a strong economy. Export Development Canada shares this goal. It no longer provides loans to the fossil fuel sector, but instead it has become the largest financier of Canada's clean technology sector. In fact, Canada announced its intention to end new direct public support for the international unabated fossil fuel sector.
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