Article

2020-05-12 Great White North

Trudeau says businesses who do not fight climate change will not get new support money

You WILL be made to care
[Post Millennial] Prime Minister Justin Trudeau addressed media on Monday, announcing new additional support for businesses.

In a news release titled "Prime Minister announces additional support for businesses to help save Canadian jobs," the Trudeau government outline a new four-point plan that is aimed to help businesses through the pandemic.

This will be done mainly through the new Large Employer Emergency Financing Facility (LEEFF) "to provide bridge financing to Canada's largest employers, whose needs during the pandemic are not being met through conventional financing, in order to keep their operations going."

Trudeau said that oil and gas companies will be expected to put forward a frame that shows their commitments to reducing emissions and fighting climate change to be eligible for the LEEFF. Companies which avail themselves to the LEEFF subsidies will need to make a commitment to the fight against climate change.

"We have seen many oil and gas companies make commitments already around net-zero by 2050, around understanding that we need to do better in terms of reducing emissions both as a country and as a sector. That's why we're expecting them to put forward a frame within which they will demonstrate their commitments to reducing emissions and fighting climate change," said Trudeau of the funding.

Companies are going to have to put forward their framework for reducing emissions before receiving federal cash.

Posted by Frank G 2020-05-12 00:00|| || Front Page|| [21 views ] Top

#1 Is that legal - even in Canada?

Posted by g(r)omgoru 2020-05-12 00:52|| 2020-05-12 00:52|| Front Page Top

#2 O Canada!

Posted by SteveS 2020-05-12 00:56|| 2020-05-12 00:56|| Front Page Top

#3 Is that legal - even in Canada?

Probably not. But they're too laid back to ask or even care, it seems.

Posted by gorb 2020-05-12 01:10|| 2020-05-12 01:10|| Front Page Top

#4 ..you shall not bow down to them nor serve them. For I, the LORD your God, am a jealous God, visiting the iniquity of the fathers upon the children to the third and fourth generations of those who hate Me,

Better be careful about being laid back or not caring.

Posted by Procopius2k 2020-05-12 02:11|| 2020-05-12 02:11|| Front Page Top

#5 Trudeau needs to be cross-checked into the boards.

Posted by Clem 2020-05-12 04:54|| 2020-05-12 04:54|| Front Page Top

#6 Geez. You'd think the Great Frozen North would be all in favor of global warming - you could be the new California; you've already got the political side down, all you need is the temperature.

Posted by Mercutio 2020-05-12 08:36|| 2020-05-12 08:36|| Front Page Top

#7 Guess my tire-burning business idea's a no-go...

Posted by Raj 2020-05-12 09:27|| 2020-05-12 09:27|| Front Page Top

#8 But go ahead, turn in your guns, your government will take care of you.

Posted by swksvolFF 2020-05-12 11:27|| 2020-05-12 11:27|| Front Page Top

#9 As Alberta becomes the 51st US state...

Posted by M. Murcek 2020-05-12 11:44|| 2020-05-12 11:44|| Front Page Top

#10 Bloody bourgeoisieshevik.

Posted by Thing From Snowy Mountain 2020-05-12 13:34|| 2020-05-12 13:34|| Front Page Top

#11 Saskatchewan - 52nd
Manitoba - 53d

Posted by Lex 2020-05-12 13:35|| 2020-05-12 13:35|| Front Page Top

#12 yeah! I've always wanted a state that had a town named MooseJaw.