Canada's Energy Strategy Should Not Be Oil-Soaked
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Posted 09.20.2012
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Canada Politics
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Energy,
Oil Sands,
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Basing our national energy strategy on the oil industry would would lead to too many emissions and too few jobs. Increasing our dependence on oil drives up the Canadian dollar which in turn hurts export-oriented sectors like manufacturing and forestry. The petro-dollar also makes our economy vulnerable to the boom and bust cycles typical of oil. In short, it's unwise to put all our eggs in an oily basket.