This Technical Paper reports on the negative structural consequences of the mostly unregulated resource boom which has been remaking Canada’s economy since the turn of the century. The paper also proposes a set of measures which would help to minimize those negative side-effects of resource development, and contribute to a more balanced, successful, and sustainable industry mix in Canada’s economy in future generations.
These policies, and the fiscal tools proposed to fund these measures, formed part of the 2012 Alternative Federal Budget (published in March by the Canadian Centre for Policy Alternatives). However, given the overarching historical challenges posed by the current resource boom, and the need to spark a broader policy debate among Canadians about its costs and benefits, we are issuing these proposals in this more comprehensive standalone Technical Paper.
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