Is the Canadian Oil Industry Subsidized?

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Title: Is the Canadian Oil Industry Subsidized?

Author: Youri Chassin

Publisher: Montreal Economic Institute

Date: May 2014

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Summary:

Contrary to renewable energy production, which could not survive without government help, the industry that develops oil and gas resources is highly profitable and has paid on average $18 billion a year in taxes and royalties to different governments across Canada for each of the past three years.

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