Canada’s proposed oil and gas emissions cap likely to impact its GDP and investments, report says 

A recent report by Deloitte Canada, commissioned by the Alberta government, shows that the proposed federal oil and gas emissions cap would cut production, deter investment, wipe out jobs, and cost Canada hundreds of billions. 

The report estimates that the proposed emissions cap could cut oil production by more than 626,000 barrels per day, costing Canadians $282 billion in lost GDP over the next ten years.