With regard to the government’s announcement on November 4, 2024, to cap emissions on the Canadian oil and gas sector by about one-third over the next eight years: (a) has the government undertaken an assessment on how this will impact Canadian families, and, if so, what were the results of the assessment; (b) what will be the estimated increased cost to average Canadians as a result of increased prices for groceries, gas and home heating, broken down by year over the next eight years; (c) what increases does the government expect in Canadian energy imports from countries with lower environmental and ethical standards as a results of the cap; (d) did the government consider the impact that an increased reliance on oil and gas from countries with lower environmental standards will have as a result of imposing this cap, and, if not, why was it not considered; (e) what assessments, if any, has the government undertaken to examine the impact of the emissions cap across the (i) construction, (ii) manufacturing, (iii) finance, (iv) hospitality, sectors; (f) how many jobs have been cut by oil and gas companies as a result of emissions caps in the last nine years; and (g) how does the government plan to ensure that Canada’s oil and gas competitors (United States, Russia, China, Saudi Arabia, Iraq, Iran, United Arab Emirates) have comparable emissions caps, and, if they do not, how does the government plan to allow Canadian oil and gas companies to compete with them?
In the House of Commons on September 15th, 2025. See this statement in context.