Thank you, Chair, and thank you to the witnesses for coming out this afternoon.
Mr. McTeague, we heard from a witness during this study, who stated, “Limiting access to capital or increasing taxes will only have negative effects on Canada's economy, energy affordability, emissions reduction progress and global energy security.”
Earlier we heard from another witness, who cautioned us, this committee, with respect to how we define fossil fuel subsidies, because of the impacts that elimination could have on low-income Canadians.
Mr. McTeague, energy affordability is a top concern for many Canadians, especially in rural Canada. If the government were to eliminate all the so-called fossil fuel subsidies, how would this impact energy affordability for Canadians?