The cap would lead to at least $45 billion in lost economic activity in 2030 alone.
Wrong Move at the Wrong Time: Economic Impacts of the New Federal Building Energy Efficiency Mandates
Electricity satisfies only a modest slice—roughly one-fifth—of Canada’s total primary energy demand.
Natural gas is critically important to produce electricity at affordable costs.
As a result of Europe’s dependency on natural gas, prices have skyrocketed.
The report exaggerates the current and future net costs of global warming.
Ottawa wants to reduce oil and gas sector GHG emissions to 42 per cent below 2019 levels by 2030.
When climate policy raises the cost of doing business here, the industrial activity simply moves elsewhere.
Canada was responsible for only 1.5 per cent of human-caused greenhouse gas emissions in 2018.