The emissions cap means higher bills and fewer jobs for Canadians.

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What is the emissions cap?

The proposed oil and gas emissions cap in Canada aims to cut greenhouse gas emissions by 35% below 2019 levels by 2030. This drastic policy could lead to higher energy costs, lost jobs, and weakened energy security, threatening affordability and prosperity for Canadians while limiting our ability to meet global energy needs.

How will the federal emissions cap impact Canadians by 2040?

150,000 JOBS wiped out

$1 TRILLION in lost GDP

$151 BILLION in lost federal tax revenue

SOURCE: Fraser Institute, March 27, 2024

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