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Oil and Gas Industry

In Question Period on the oil and gas industry, Bloc Québécois members said the spring economic update gives billions of dollars in support and tax credits to oil companies, including an expanded carbon storage credit covering enhanced oil recovery, while providing nothing for small businesses facing new U.S. tariffs, the media sector, or seniors facing rising costs, and asked why oil companies come first. Liberal ministers replied that the economic update makes progress on climate change and nature protection, citing finalized methane regulations, rising electric vehicle sales, a marine conservation area in James Bay, and international climate investments; the industry minister said she had spoken with Quebec’s economy minister about agreed projects and that support for steel and aluminum producers affected by U.S. tariffs would be announced.Written by AI from the debate. Updated .

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