It’s an inconvenient truth: Canada’s electricity infrastructure is at risk of collapse if new natural gas prices keep rising.
And that’s a very bad idea.
For more than a decade, Canadian governments have tried to keep the cost of natural gas under control through subsidies, low taxes and tax incentives, and the use of “incentives to drive up electricity prices.”
In the past two years alone, the federal government has handed out more than $3 billion in new incentives to prop up the natural gas industry.
That’s more than the entire $3.4 billion in government spending on social programs, and far more than what was spent on the oil and gas industry between 2004 and 2014.
But while the subsidy to natural gas was ostensibly meant to ensure that new supply didn’t undercut the market, the reality is that it actually helps drive up the price of natural resources.
Canada’s economy relies heavily on natural gas to power its power grids and to power the country’s roads and airports.
The price of the gas in recent years has soared, driven up by new natural resource extraction, as natural gas drilling becomes more efficient and as demand grows for natural gas.
For example, a recent report from the U.S. Energy Information Administration found that the cost per megawatt-hour of natural-gas power grew by 5.7 per cent in 2016, compared to the year before.
But the real driver of the increase was increased demand for natural-sourced power, especially in the U: The average U..
S.-based power company now gets an average of 3.8 times more electricity from natural gas than it does from coal, which is still the largest single source of electricity for the country.
The prices of natural resource-related power generation are at a record high.
This means the cost for consumers and businesses in the energy sector is soaring, while the government is putting more money into natural-source power generation than ever before.
That could be a bad thing.
But it could also be a good thing.
As the price for natural resources in the economy has soared and the government has pumped billions of dollars into natural gas, the cost to the Canadian economy of its energy infrastructure has also been rising.
At the end of 2016, natural-resource-related energy spending accounted for about 11 per cent of the country the economy.
The Liberals have promised to end subsidies for natural resource development, reduce subsidies for the oil industry, and increase the tax rate on energy corporations.
The Liberal government has also proposed that the government raise taxes on businesses and households to offset the costs of natural asset development and other natural resource subsidies.
This would likely mean higher energy prices for the vast majority of Canadians.
However, these measures are unlikely to be enough to reverse the trend in Canada’s natural resource infrastructure.
Natural resource extraction is a major driver of economic growth in Canada, and it is estimated that natural resource industries employ nearly 50,000 people in Canada.
But there are two ways in which this growth can be halted.
First, by ending the subsidies for energy-related resource development and the tax incentives for natural asset growth, Canadian energy infrastructure could benefit from the same subsidies that are currently helping to keep natural resource prices high.
Second, by increasing the tax on natural resource corporations to help pay for natural source energy investments, the government could help encourage the construction of new, more reliable energy infrastructure.
The fact that Canada’s infrastructure is so vulnerable to rising natural resource costs is a matter of international concern.
The Organization for Economic Cooperation and Development recently warned that Canada could experience an economic crisis of epic proportions if natural resource companies cannot afford to develop the necessary infrastructure and other resources necessary to keep up with the rising cost of energy.
The world is rapidly moving towards cleaner energy, with a growing global demand for renewables and low carbon energy.
As natural resource use declines, the price on natural resources will fall and the demand for them will increase, which will ultimately lead to higher prices for consumers.
But if prices on natural-resources are too high, and natural resource investment does not increase, this could result in a rapid economic downturn, which could also impact the competitiveness of Canadian businesses.
The best way to ensure Canadian businesses are not impacted by rising natural- resource prices is to maintain and expand the existing natural-energy infrastructure and to invest in new natural- source energy projects.
This could help protect our energy infrastructure and reduce the economic damage that could occur if prices rise.
A better solution than subsidies for resource development is for Canada to reduce its subsidies for oil and other fossil fuels.
These subsidies create incentives for the extraction of natural reserves for export to the U, as well as for the use and extraction of fossil fuels for transportation and for heating.
The federal government currently subsidizes natural- resources companies through an incentive program called the Energy East Act, which gives companies a small tax credit for new pipelines, terminals, oil platforms, and other infrastructure projects.
If this subsidy were removed, the natural-oil and natural-coal industries would be able to