Philip Lawrence at the Finance Committee

On March 3rd, 2022. See this statement in context.

March 3rd, 2022 / 4:40 p.m.

Conservative

Philip Lawrence Conservative Northumberland—Peterborough South, ON

Thank you very much.

Thank you for appearing today, Governor.

I want to go through and focus on a particular area of inflation, and that's with respect to energy.

In seven of your last 11 press releases, you stated that energy, either gasoline or oil, was the cause or significant driver of inflation. If we were able to produce more energy, more oil, in Canada, and we were able to be more energy independent than we are currently—such as by not importing oil from Russia or other countries around the world—would Canada be in a better position to control inflation?

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