SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?


To: fresc who wrote (4763)4/24/2005 11:40:37 PM
From: Gulo  Read Replies (2) | Respond to of 37704
 
I take it you are from Alberta?
Born and raised. The entire country was doing well until the oil embargo. Alberta did very well after that, until the NEP.

The Government of Canada has a web page that reviews Trudeau. Of course, it gives him milder treatment than I would, and it is horribly biased towards a Central Canada viewpoint. Take for example the excerpt:
"In general, relations with the United States during Trudeau's last term remained difficult. The Americans were furious when Canada introduced the National Energy Policy (NEP) in 1980, which sought to establish 50 percent Canadian ownership of the oil industry by 1990. Ideologically, the pro-free enterprise Republican administration did not like direct government involvement in the economy. More importantly, the NEP discriminated in favour of Canadian companies.

Now, doesn't that miss the point? The NEP discriminated in favour of Central Canada's manufacturing base by giving them below market oil prices. The program discriminated against the thousands of companies that went bankrupt in Alberta. This is a text-book classic case of redistributing wealth from the politically voiceless to the politically connected. Even the official history is recorded by the victors. No where does it mention that the extremely unfair subsidies to the Eastern Canadian manufacturers pissed off our neighbours and alientated the West. No where does it mention the lives that were ruined in Alberta. No where does it describe the lasting effects of the distrust engendered and the ensuing reluctance of industry to invest, lest they be screwed by a fickle government.

dfait-maeci.gc.ca
-g