While Canadians balk at the rising cost of oil, the federal gov't decides to subsidize a very profitable industry?

“There is no good reason why the federal government should be using taxpayer dollars to give a giant subsidy to a foreign-owned oil company,”

https://www.desmog.com/2026/04/01/mark-carney-pledges-1b-in-taxpayer-money-for-a-carbon-bomb-project/
Mark Carney Pledges $1B in Taxpayer Money for a 'Carbon Bomb' Project

It’s a massive subsidy to Equinor, the Norwegian oil company behind the Bay du Nord offshore oil project.

DeSmog
Norway taxes its oil and gas industry profits at %78

How Norway taxes its gas compared to Australiia .. Canada?
https://youtu.be/mpqztWidF7I?si=XSovQKPEsXEdGRYp
Norway's Example: How to Tax Oil & Gas Properly

YouTube