Amid Controversy, Canadian Oil Sands Subsidies Near Extinction

摘要

It appears likely that the days of oil sands tax loopholes in Canada are over - at least while oil prices remain sky high. After the country’s three opposition parties voted against the Conservatives’ proposed budget Tuesday, a vote of non-confidence in the government is expected by Friday. Once that happens, Prime Minister Stephen Harper will be obligated to call an election, which would likely be held by May. The Conservatives are expected to win.