The proposed emissions cap framework will be a production cap

And that is a threat to Canadian Families

A cap on Canadian oil and gas output is a threat to energy security, the livelihood of Canadian families and the global environment while the only winners are other producers who will take our market share.

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Many voices are speaking up about the real risks of this flawed approach. Chambers of Commerce, academics, Indigenous leaders and natural resource groups have all expressed their concerns about this policy, warning that the proposed emissions cap will lead to a drop in Canadian oil and gas production.

Chris Sankey, former elected councillor for Lax Kw’alaams Band and senior fellow at the McDonald-Laurier Institute, said that the emissions cap is a dangerous proposition for Canada. It’s going to impact every industry and every part of your professional and personal life.

Did you know?

Limiting Canadian oil and gas production will raise energy costs for consumers, leading to increased reliance on imports and higher fuel prices, and impacting the overall cost of living for Canadians. (1)
Oil and gas revenue helps finance schools, hospitals, parks, and much more, across the country. A reduction in domestic oil and gas production will lead to a decline in government revenue, hence numerous cuts in these sectors. (2)
Reducing Canadian oil and gas production heightens dependence on foreign energy, exposing Canada to geopolitical risks and market fluctuations, compromising energy security and economic stability. (3)
The production cap will lead to job losses and economic uncertainty for families from coast-to-coast-to-coast dependent on the industry. The resulting impact on employment opportunities, wages, and overall economic stability will have adverse effects on the well-being and livelihoods of Canadian families. (4)
Reduced domestic oil and gas production will weaken Canada's energy security, and global energy security, by making countries more dependent on foreign, less responsible oil producers. At the same time, it leaves us more vulnerable to extremely low temperatures and cold spells. (5)
Global oil and gas demand is growing. The question becomes: Where will the oil and gas come from? Reduced funding for innovation and cleaner technologies in the energy sector hampers its potential, while relying on less sustainable foreign producers harms the global environment more than using Canadian oil and gas. (6)