-a $1.5b direct investment in KXL
-a $6 billion loan guarantee to KXL
-billions in reclamation funds to backstop what was supposed to be covered by an industry fund.
-$30 million/year industry promotion war room
-regulatory holidays during the pandemic
was created to encourage industry to build facilities that supply NGL feedstock required for petrochemical manufacturing by providing up to $1b in grants and loan guarantees to successful project proposals."
PUP was designed to encourage companies to build two to five bitumen upgrading facilities in Alberta
over the next eight years."
PDP Round Two Up to $1.1 billion in royalty credits, with two projects approved and in a position to to receive royalty credits once they are in operation.
Yes, that's the correct number. $26 billion.
Here's that regulatory approval:
pm.gc.ca/en/news/news-r…