I don't think so, actually. One of the big problems with the EV mandate or phasing out gas-powered vehicles is that the government has moved forward with these types of regulations. However, we have no idea how feasible they are in all of the provinces.
We know that some provinces such as Alberta and others rely heavily on certain types of energy, and that also interferes with other federal regulations. If you have something like the EV sales mandate that's going to drive up production, but you have the clean electricity regulations at the same time that require you to change the energy mix for electricity in your province, let's be very clear: You end up with unintended consequences and unrealistic policies.
We have to be careful. It's hugely expensive. The marginal cost of producing a kilowatt of electricity is much more expensive than it used to be. For example, in Quebec, we paid an average of 2 cents or 3 cents per kilowatt, whereas today, we pay about 11 cents or 12 cents when we add transportation and distribution. We have to be careful with this type of policy because, at the end of the day, it's Canadian and Quebec consumers who will pay.
