Premier Alison Redford’s approval of the China National
Offshore Oil Corp’s investment in Alberta is shameful. This state-owned
company has bid some $15.1 billion for Calgary-based Nexen Inc., a
significant Canadian power in the energy industry. How can Canadians speak of national
self-determination and of control of oil sands development in the same breath
when China is making its biggest overseas investment ever here in this country?
Effectively, the Chinese government will have greater and greater authority over the oils sands, once considered a provincial resource, regardless of what Albertans or other Canadians say or do. For good reason most of the people of China are not members of the Communist Party, singular in that nation, so why should Canada be subject to it? I am reminded of the beginning of WWII when American business leaders were reluctant to reduce car production because they did not want to make room for arms development.[1] Where is the loyalty to national sovereignty, or sovereign interests, when provincial business figures gravitate only to money?
Effectively, the Chinese government will have greater and greater authority over the oils sands, once considered a provincial resource, regardless of what Albertans or other Canadians say or do. For good reason most of the people of China are not members of the Communist Party, singular in that nation, so why should Canada be subject to it? I am reminded of the beginning of WWII when American business leaders were reluctant to reduce car production because they did not want to make room for arms development.[1] Where is the loyalty to national sovereignty, or sovereign interests, when provincial business figures gravitate only to money?
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