Fossil Fuel Subsidies - Fact Sheet

Publication #: 2017-0058

Published: NOV 2017

Pages: 2p.

Filed Under: Communications, Fiscal & Statistical, Industry Operations

While Canada taxes the consumption of oil and natural gas, many other countries in the world offer subsidies instead. Subsidies targeted at consumption, or reducing the cost of fossil fuels to the end user, is where the majority of global fossil fuel subsidies reside.

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