CALGARY—Access to affordable, abundant energy will promote economic growth and help Canada recover from the COVID recession, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“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,” said Elmira Aliakbari, associate director of the Fraser Institute’s natural resource studies and co-author of Stimulating Economic Growth Through Abundant Energy.