More tax breaks?
Dear Editor:
RE: Profits vs. carbon tax, Nov. 17.
According to thee International Energy Agency, the oil industry after expenses will have a net income of $4 trillion, double that of 2021. The Canadian government’s subsidizes the oil/gas companies $4.8 billion. The oil/gas companies are asking for $50 billion in subsides and tax breaks.
At the COP27 meetings the oil/gas companies did not agree to any new restrictions.
Chris Woode, Fergus
