Absolutely. Thank you for the question.
I think a good part of it comes from some of the things we talked about in our presentation. If we look at things like the EV mandate, for instance, Canadians are very clear. We polled Canadians on this. They see it as unrealistic to impose the sale of only electric vehicles by 2035.
Part of the reason is our electric infrastructure. If we want to impose something like this, we're going to need a lot of new generating capacity. Some estimates say it's between 7.5% and 15.3% of extra generating capacity.
Generating capacity is not the only thing. We also need more transportation capacity to get it from the generating stations to people's homes. We also need an upgraded electric network. According to some estimates, this could cost $294 billion.
Now, I don't know about you, but the last time I looked at the federal budget, I didn't see a $294-billion pot of money lying around. I don't see that at the provincial level, either. This is going to be an important cost that will be borne by electricity consumers in this country in every single province as that shift happens. That's why we say it's “economic nonsense”.
There are a variety of other things. I think the emissions cap is another one where we're cutting ourselves off from a lot of very good-paying jobs with very little effect—actually, with no effect—on global demand for these energies. Essentially, it's as if we were simply exporting well-paying jobs to other countries that don't want to legislate the industry out of existence.
I could go on, but those are some of the most salient examples.