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Fossil Fuel Subsidies in Canada: Governance Implications in the Net-Zero Transition

March 16, 2022

Canada Climate Law Initiative
ESG

CCLI's report serves as a source of information to guide Canadian policymakers, business leaders, pension fiduciaries, and civil society members in their efforts to align fossil fuel subsidies with the country's net-zero policy targets.
Fossil Fuel Subsidies in Canada: Governance Implications in the Net-Zero Transition
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November 3, 2025

Finance Montréal
For nearly ten years, Finance Montréal, in partnership with several Québec universities, has been highlighting Canadian publicly traded companies that stand out for the quality of their sustainability reports. The initiative aims to recognize the efforts made to transparently disclose their environmental, social, and governance practices and impacts.
Since CIRI's last Backgrounder on this topic in February 2025, the pace of new developments in the area of ESG standards and regulatory disclosure has slowed. The most significant development has been the cessation of all progress by the U.S. Securities and Exchange Commission toward the development of climate disclosure rules for listed companies.