Dear John,

There is a clear link between energy use and economic activity. And policies that constrain energy use, such as artificially higher prices, are harmful to economic growth.

That is the finding of new study released today by the Fraser Institute.

Canada’s economic growth over the past decade was already weaker than several other developed countries. But despite the evidence, federal and provincial governments in Canada have implemented policies that have artificially constrained energy accessibility and increased energy costs.

To help Canada recover from the COVID recession, governments should instead pursue policies that support economic growth.

Check out the new study here, and be sure to share it with your colleagues.

Stay safe,

Niels
President