MEG Energy Corp MEGEF

MEG sides with Trudeau?

[TheWokeLemming]

Cozying up to Trudeau to acquire subsidies is not something I can support.   While I've invested in MEG in the past, I won't be back.

[jleer42]

You will need to stay out of the oilsands period, not just MEG.

[TheWokeLemming]

  Easy enough.  In that case the industry can screw themselves and the populace can press for much higher royalties.  The industry should benefit the people but it seems like MEG just wants taxpayer funding instead.  

[Cobalt]

This post has been removed in accordance with Community Policy

[cashtango00]

The way our government has blown up the Canadian balance sheet, I would say ESG subsidies to big oil that create a lot of jobs and industrial expansion should be the least of your worries.  At least those will be a positive cash flow to the industry which can be received back in taxation.  Do a little research on how much cash was flushed down the drain during the covid bailouts or even

[Moemoney42]

I'd say its more of a.. if you (Gov't) want us to reduce our carbon footprint, then pony up some $ as well.. after all, these are your absurd policies, why should industry foot the entire bill..!

[Diligent2]

No serious government money, no carbon capture. This government plus Biden have done more damage to the fossil fuel industry than Gernany has done to europe. The masses have been dupes! Just think how much prosperity has happened in this country and the whole world because of fossil fuels. I see wcs -30 and I see unions asking for more and say look to oil and then ask your government why?