The Ottawa-Alberta memorandum of understanding links approval of a pipeline to B.C.’s coast with the $16.5 billion Pathways Alliance carbon capture project, for which industry players are counting on significant government support. While the sum may seem substantial, it represents just a fraction of the vast pool of Canadian taxpayer funds being directed by all levels of government to net-zero-emissions-related initiatives across the country.
These funds include billions in domestic policies as well as a $5.3 billion “international climate finance commitment” that Ottawa announced in 2021 for multi-year funding dedicated to helping developing countries “combat climate change.”
In 2024 alone, federal spending on environmental protection increased by 35.6 percent to reach $24 billion, a significant chunk of which is earmarked for emissions reduction….