Yes, it will make Canadians poorer. There are also big macroeconomic impacts from the energy transition of a big structural cost-push impact on inflation.
If, again, you're looking eastward across the Atlantic, the one country, I think, that Canadians should look for inspiration is Norway. Norway is like Canada, rich in natural resources. The one thing they are not giving up on is oil and gas. They say that their oil and gas is necessary for the energy transition. The energy transition is extremely energy intensive and materials intensive.