Elizabeth May’s National Energy Program
May 29, 2019 Leave a comment
Green Party calls for Canada to stop using foreign oil — and rely on Alberta’s instead.
This is actually just the 21st century version of Trudeau Sr.’s “National Energy Plan.”
You may recall that one key objective of the NEP was “ultimate independence from the world market.”
There is nothing wrong with buying foreign oil per se.
The problem is that Ottawa’s bungled energy policy and interventions have created economic advantages for foreign oil and economic disadvantages for Canada’s oil. Canada would be a much more competitive producer than it is now but for Ottawa’s foolishness.
If you read the article and think about the totality of what the Green leader is proposing, it’s hard not to think “NEP.” She would block foreign oil imports and simultaneously cripple Alberta oil production. The only result would be major impoverishment.