Philip Lawrence at the Public Accounts Committee

On February 8th, 2022. See this statement in context.

February 8th, 2022 / 12:15 p.m.

Conservative

Philip Lawrence Conservative Northumberland—Peterborough South, ON

Thank you very much. Once again, the chair is doing a fabulous job.

I'll be splitting my time with Mr. Morrice.

Madam Clerk, would you mind tapping me in about two minutes or so?

The reality is that if economics didn't matter at all, we could get to net zero tomorrow and we could shut down all our industries. It is a weighing of balances. I don't see anything in this report about the impact.

I'll ask you a straightforward question, hoping for a numeric, empirical answer. If we wanted to get to net zero by 2025, what would the economic impact be? What loss in our GDP would we have?

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