Eco-Socialism Is Making Canada Poorer

It’s no coincidence that the longer people like Steven Guilbeault are in power, the more our living standards decline.

https://twitter.com/SpencerFernando/status/1795970271444140322

There is no such thing as a low-energy rich country. Abundant energy is required for abundance itself.

A country that chooses to make energy more expensive is a country that is choosing to be poorer.

And that’s the choice the Liberal government has made.

It’s no coincidence that the longer people like Steven Guilbeault are in power, the more our living standards decline.

His goal – and the goal of Justin Trudeau, Jagmeet Singh, and other eco-socialists, is to drive up the cost of energy so you consume less. That makes you poorer.

And now, a recent report indicates the oil emissions cap pushed by Guilbeault would cost Canada over 50,000 jobs, and cost us $247 billion in GDP.

There is a direct link between the surge of Canadians living in tent cities and using foodbanks and the anti-oil & gas policies of the Liberal government.

By destroying so much potential investment, and by driving up energy costs, the government has chosen to make life worse.

This is morally reprehensible.

Canada’s oil & gas sector should be unleashed, not restrained.

The oil & gas sector has been a cornerstone of Canada’s industrial progress and economic growth, enhancing our living standards and creating good jobs.

Putting a cap on the sector means putting a cap on our prosperity as Canadians, which is the exact opposite of what the government should be doing.

If we want to get back on track to prosperity and energy abundance, we need to abandon eco-socialist policies, and embrace the limitless potential of capitalism to unleash human creativity and innovation.

Spencer Fernando

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