Half of Canadians Want Oil Industry Nationalized, page 1
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Topic started on 5-9-2005 @ 09:29 PM by Gools
As reported by the CBC:


Poll: almost half of Canadians want oil industry nationalized

Last Updated Mon, 05 Sep 2005 18:52:52 EDT
CBC News


Half of Canadians want oil industry nationalized

The Leger Marketing telephone survey of 1,500 people was conducted between Aug. 24 and Aug. 31, much of it before the major effects of Hurricane Katrina were felt.

Quebecers were the strongest supporters of resource nationalization at 67 per cent, followed by residents of the Atlantic provinces at 53 per cent, Ontarians at 45 per cent and British Columbians at 42 per cent.

Forty per cent of respondents on the Prairies and 36 per cent of Albertans were in favour.

Results of the poll are considered accurate within plus or minus 2.6 percentage points 19 times out of 20.

Please visit the link provided for the complete story.


So what do you think.

Since oil is a matter of national security should this kind of resource and it's profits be nationalised so that all may benefit?

Many countries do it.

Didn't Pierre Trudeau try this when I was too young to pay attention?
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reply posted on 15-9-2005 @ 12:18 AM by insite
I like the way the Economist Mag calls Alberta the Kuwait of North America. National oil companies are pretty darn inefficient with the exception of PetroBras and their deep water ingenuity. We should make public all the water bottling firms too. All the mineral spring baths operators and maybe have a national air conditioning machine company.

The Alberta coffers are overflowing with enough juice for everyone. They don't even know what to do with all the money. Schools are at peak performance, roads are awesome and they're the only province without a deficeit. Pillaging, or legal plundering the excess loot seems alright to me, but forming a national oil company with control over all the provinces assets? I was under the impression that no one owns the mineral rights under the ground but the government. The government then leases these mineral rights to private, efficient companies to extract and feed supply. This is why you hear so many complaints from land owners who have had drilling contractors set up shop on their land. What is PetroCanada anyway? Husky, TransCanada and countless other headquarters based in Calgary are primarily Canadian companies. How much more nationalised do you want it? Don't like the price of gas? Petition the government for price ceilings and have them pick up the bill.

Theres no question the oil barrons of Calgary are getting richer, but so are their shareholders and countless other beneficiaries of the trickle down effect. Don't forget Alberta has some of the most progressive economic policies with low tax rates that help industry boom. Don't be jealous of them, they're just the most economically conservative province in the country, which explains a lot. All you Soviet Canuckistanis should realise that its the lack of your socialist policies in the first place that have allowed Alberta oil and gas to become such a boom industry. All you have to do is compare it to Saskatchewan. Is more socialism the way to go? Don't be retarted. If you aren't gettign trickled on, move. It's called migration and people do it all the time, especially consider this if you are from Quebec or the Atlantic provinces. Speaking as a free market economist and as someone with immediate family responsible for privatising the New Zealand national oil company, this would be a terrible exercise in mis-management of resources. Get the government out of the way.

*Edit: Spelling & a lil extra content

[edit on 9-15-2005 by insite]
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