I would simply say that the Canadian government has certainly signalled, whether it has realized it or not, that Canada is not open for business. Our decision that we must have everything based on net zero—a philosophy that has so far been very disruptive, if not damaging, to the Canadian economy and to consumers, notwithstanding the credence we attach to it—is sending a signal to the rest of the world that Canada is not the kind of place you want to make business dealings with. Because there are so many conditions, most people simply walk away from it.
The reality is that it's not hurting those businesses. It's not hurting those who are sitting on the side saying, “Let's get more subsidies for our net zero.” It's actually hurting Canadian consumers. We are seeing oppressive amounts of pressure on Canadian businesses and consumers, such that we're seeing the effect of low growth in our economy, compared to that of our peers.
We're also seeing a world in which the pursuit of many of these projects and policies, whether that be the three carbon taxes—the one carbon tax we got rid of and the two others—the clean fuel standard, the OBPS, the industrial pricing carbon tax, the narrative around emission caps or the whole idea of electric vehicle mandates.... All these things are wonderful in a vacuum, but their effect thus far has been highly damaging and very corrosive to the Canadian way of life, and it has taken away the ability of Canadians to believe that there is going to be a future that indeed is one that will deal with prosperity, as we've seen previous generations bequeath to the next generation.
