I don't agree with you. Companies are leaving because the majority of them are looking for places where they can find clean energy for industrial manufacturing. We are seeing American companies, such as BASF, offshoring to Canada because they want their heavy industrial processes to be run on clean energy.
Germany's major problem is that it is not able to provide clean energy in the short term.
Having gone on a mission with the Minister of Energy and Natural Resources and met a lot of people, I can assure you that many companies are looking for clean energy for their major energy projects and are willing to offshore their production to do so. That's the root of the problem.
If Canada focuses its industry solely on oil and gas, we will soon find ourselves in the same position. Large companies will prefer to do business with countries that have gone through the energy transition and that are able to produce goods and services with a low carbon footprint.
Do you agree with what I just said?
