The government acknowledges that ending the sales mandate would slow the rate of adoption of EVs, and could cause $90.3 billion in "potential climate change-related global damages."
The new energy agreement is promised to provide the power needed run manufacturing, more EV charging stations and other electrical needed to support Canadians.
A new oil pipeline would lift Canada and Alberta's gross domestic product, but perhaps not to the degree governments are forecasting, says a new report from TD Economics.
Global oil prices receded after Iran and the United States agreed to a ceasefire in mid-June, but hostilities reignited between the nations last week, casting doubt over a lasting peace deal.
