Mr. Speaker, I would like to ask a question, but I want first off to state something from the PBO. He estimates that oil and gas production caps will lower real gross domestic product in Canada by 0.39% by 2032, reducing nominal GDP by $20.5 billion.
Here is the other part that concerns the people of Canada. The PBO estimates that achieving the legal upper bound will reduce economy-wide employment. The employment numbers, by 2032, in terms of full-time equivalency, will be down 54,400 jobs. How do we explain that to the Canadians who are relying on jobs in order to feed their family and support their home?