One of the comparative advantages that Canada has over its economic competitors has been our low-cost electricity, whether it's hydroelectricity in B.C. or cheap natural gas in western Canada or hydroelectricity in Quebec. How do you think businesses and families are going to be able to survive if they're facing a 2000% increase in their home heating bill or their business heating bill? Even if it's just a quarter of that number, how are they going to survive and compete at a 500% increase in their heating bills?
On April 30th, 2021. See this statement in context.