When it comes to managing oil wealth, Canada has something to learn form our European neighbours. In a new report, CCPA’s Executive Director Bruce Campbell compares the Canada and Alberta experience of managing oil wealth to that of Norway and finds that for too long foreign and domestic petroleum interests have been appropriating a disproportionate share of the petro-wealth in Canada and blocking effective carbon reduction measures.
The report ultimately concludes that the Canadian government should heed the Norwegian example and reclaim control of the petroleum industry—collaborating with provinces, territories and first nations in building consensus around a national energy strategy.
Find out more in this story from the Canadian Press and read the full report here.