Will Canada choose oil and bondage to the U.S., or forge our own destiny?
As our southern neighbour moves toward becoming a petrostate, Canada must reckon with having an even less diversified economy
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Open this photo in gallery:The Trans Mountain oil pipeline moves into a new construction stage, in Acheson, Alta., in 2019.Candace Elliott/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountJohn Rapley is a contributing columnist for The Globe and Mail. He is an author and academic whose books include Why Empires Fall and Twilight of the Money Gods.Oil briefly hit US$125 on Thursday after U.S. President Donald Trump said the Strait of Hormuz blockade would continue for months.It may seem odd to say that the oil spike caused by the war creates a dilemma for Canada, but the country must now make a difficult decision – and the United Arab Emirates’ departure from OPEC this week may just provide some guidance.When I briefly taught in Canada at the start of…
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