"$34 Billion (with a "B")"
What nonsense , where did you get that fairy tail from here? IMF/TYEE...lol.
Even Dessmog Canada can only milk it for $3.3 billion
see: .desmog.ca/2016/08/30/canadian-taxpayers-fork-out-3.3-billion-every-year-super-profitable-oil-companies
The reality is that oil and gas industry is nothing but the golden goose for federal & provincial governments here when it comes to taxes.
In there last report ,see: taxpayer.com/media/2016-GTHD-EN.pdf , they collected over $20.4 billion in tax revenue on gas and diesel sales alone
 That $3.3 billion is a investment ,not a subsidy ,if only all government spending payed off like that.....lol.