According to the poll, conducted by Environics and commissioned by Environmental Defence, 41 per cent of Canadians believe the importance of the oilsands to the economy is six to 24 times higher than it actually is. And a full 57 per cent of Canadians overestimate the value of oilsands to the country's economy.
It's hard to have a conversation about Canada's economy these days without it touching on our natural resource wealth, and the global reach of our mining companies. But there's one part of this conversation that Canadian provinces may be missing: how they can become global leaders in a burgeoning international effort to improve governance and transparency in the extractive sector.
With multi-billion dollar projects adrift in the James Bay lowlands, really, is this how Ontarians want to see their future resources managed? With this outcome, the Ring of Fire now heads into the deep-freeze -- the last five years squandered -- the next five years now left to litigation lawyers to advance private interests.
A recent news report brought up the spectre of briefcases full of illicit Chinese cash making its way into Canada's real estate market, but far more m...