Each year, the Government of Canada hands out an average of $1.8 billion (CAD) in subsidies to oil, gas, and coal companies. The subsidies in the federal budget aren’t the only forms of public support that benefit Canada’s fossil fuel industry: government-owned Export Development Canada provides between $2.7 billion and $5.7 billion (CAD) in government-backed finance to oil and gas projects each year, largely to projects overseas. Canada first committed to ending fossil fuel subsidies in 2009 as part of a commitment by all G20 governments, little progress has been made. In 2016, it’s way past time for these handouts to end.
— source priceofoil.org