Study: No value in project subsidiesUniversity report says government backing for refineries distorts allocation of capital, lowers GDP; Alberta may play larger role Gary Park For Petroleum News
Using public money to help finance privately owned infrastructure, such as energy upgraders and refineries, in an attempt to keep more investment, jobs and revenues closer to resource extraction makes no sense, says a study by the University of Calgary School of Public Policy.
The report, which was....
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