The Headlines You Need to See

Our first report, Counting the Costs, documents how the spike in world oil prices in 2022 (caused mostly by financial speculation on global futures markets) was the main factor causing the subsequent surge in inflation in Canada (and elsewhere). That oil price spike cost Canadians almost $200 billion over the next three years — $12,000 per household.

False Profits research provides a dollars-and-sense breakdown of the real cost of the oil and gas industry in Canada. Its research exposes how the industry inflates prices, manipulates markets, and profits off Canadian consumers and workers. Get the facts about how fossil fuels undermine living standards and worsen inequality.