About The Report:
Canada’s export bank, Export Development Canada (EDC), already provides on average nearly fourteen billion dollars in support to oil and gas companies each year. Now the federal government is using EDC to channel even more support to the oil and gas sector, in response to the COVID-19 pandemic. This briefing note outlines the programs providing funding to Canada’s domestic oil and gas sector, details concerns about the crown corporation, and recommends actions for the federal government.
