Until we became distracted by the polarizing politics of Trudeau, Carney, Trump and Biden, we as a nation had far more time to worry about the little policy and economic details instead of being caught up in all the overwhelming rhetoric. A once common place question that has fallen largely by the wayside was why we Canadians were so willing to sell our oil and gas at massively discounted prices to the US, in some cases only to buy it bac at a premium, instead of just refining it ourselves and keeping all that wealth.
Things have become dire in Canada thanks to the aforementioned politicians, to the point where we just want to be able to sell oil to anyone, even if it’s at bargain prices to the US… and while I agree with the sentiment of getting pipes in the ground and doing business… shouldn’t we be trying to get the best deal possible?
Canada, even under leaders like Harper, has seemingly always seen itself sitting at the kids table, just happy to gather economic crumbs from the superpowers when they deem appropriate.
We must change our attitudes, acknowledge that we hold the resources, that we are more than capable of refining them ourselves, and that setting fair prices that will enrich us all makes more sense than what we are currently doing… that is assuming Ottawa isn’t kiboshing our industries altogether.
To discuss the immense costs associated with discount oil and gas sales and the problems that come with limited access to broader markets Adam was joined by Marco Navarro-Génie, the Vice President of Research and Policy and the Frontier Centre for Public Policy.