September's unemployment rate in Alberta was 7.4%. The provincial government is projecting a deficit of $7 billion this year. Under the scenario presented in this report, Mr. Bramley, Alberta's economy would be 8.5% smaller in 2020 than projected, our GDP would shrink between 7% and 12% below business as usual, and we would provide as much as $5 billion more in revenue to the federal government than we would receive back—that's over and above what we as Albertans already contribute to the Government of Canada beyond what we receive in services.
Albertans are responsible. I can tell you right now that they are responsible stewards of the environment; we stand ready to do our part. But the implementation of these requirements, I'm afraid, would drive investment out of and away from our province and our country, and I think the comments made by Ms. Donnelly have demonstrated that implementing unachievable targets in Europe has clearly driven investment out.
So I'm asking you, yes or no: does your model take into account potential capital flight out of Alberta and Canada?