Alberta’s oilsands could become the single biggest contributor to new global supply within 10 years… That would mean a global shift in oil dominance from Saudi Arabia and the Middle East to Canada.
So, Canada will be in demand for its water, lumber, and now oil; and with a national election occuring in a couple weeks, we could be screwed, asnotes:
A Harper government, like the Bush and Mulroney governments, will sell off the federal government’s assets to corporate friends at obscene discounts, and deregulate us into a laissez-faire nightmare where corporatist social and environmental destruction will spiral untrammeled and out of control. Even under the weakened Liberals this has already begun.
We will then be America Lite — still bristling at the thought that we’re just like Americans, but with our assets even more substantially owned by Americans than they are today, an economic colony with the fading illusion of relevant political independence. Instead of being the potential role model for the 21st century, we will be the country of great promise that was never realized.
(via Through The Mist Darkly)