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September 29, 2006

Comments

Kuri

Googling "Flanagan Alberta Globe" gets you to the full piece where he states that Quebec's hydro & Ontario's location near US markets are just as advantageous as Alberta's oil wealth. Seeing as I work in one of Alberta's "socialist" crown corporations competing with the big banks, I think Flanagan is exaggerating when he says our free market reliance is what creates wealth. But FWIW, that's what he says.

Josh Gould

I wonder how much longer the myth of the NEP will live on. I mean, just take a look at this picture, and it becomes blatantly obvious that Alberta's early-to-mid-80s bust was caused by the precipitous decline in global oil prices. So, unless Trudeau had been buying up oil futures for years and decided to sell them all at once, precipitating a global sell-off, and was simultaneously forcing OPEC to increase production, I don't see what the NEP had to do with it.

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