If producers reduce the emissions intensity of oilsands production by a modest amount, production losses may total two billion barrels of oil between 2027 and 2040.

The historical record suggests that sharp declines in oil prices are followed by substantial price recovery.

Quebec produces 72 per cent of the world’s maple syrup output, much more than Saudi Arabia’s 13 per cent share of world oil production.

If the government imposes a tax on carbon, it would keep almost all of the current intrusive regulations in place.