Canada needs to become more secure by becoming more self-sufficient. In a new series, the Post examines how a country made wealthy by globalization and trade can also protect itself against pandemics and other unknown future shocks to ensure some of our immense resources and economic power are reserved for our own security.
Credit to B.C. Premier Horgan, who announced the appointment of an Economic Recovery Task Force including business and industry leaders, senior government officials and leaders from First Nations. This is the case with Canadian oil and gas, first critically wounded as a bystander in the Russo-Saudi knife fight and then cold-cocked by COVID-19. And here we are with a barrel of Western Canadian Select oil worth less than a six-pack from Saskatoon-based Great Western Brewery. Don’t get me wrong, it’s great beer, but even they would tell you this is just very wrong, in a foreboding, dystopian kind of way.
On the wings of that dove we could then design a Canadian oil and gas economic aid package with the short, mid and long term in mind.• A stable and predictable regulatory environment with changes to or replacement of C-69.
When?
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