When we talk about foreign ownership of Canadian resources, it's nothing to do with economics or ideology. This is about street smarts. The foreign buyout of resource, infrastructure and agricultural corporations simply has to stop. Canada must state clearly that all of its resource-related and infrastructure assets and corporations must be Canadian-owned and controlled and that no single foreign entity can own more than 10 per cent, or we'll all regret it.
Currently, half of the Great Bear Rainforest remains open to logging. The recommendation to set aside 70 per cent of the natural old-growth forest has yet to be implemented. It's not just in BC, but globally that many agreements to protect the earth must be realized. Hopefully, at the Earth Summit in Rio, Canada can lead the way.
I'm not surprised to find out that Canada is promoting the tar sands at the Rio+20 conference on sustainable development and the environment, after all, they have a long and marked history of using these conferences to promote and defend the image of the tar sands abroad. It might not be surprising, but that doesn't mean it isn't wrong.
With the loonie near parity, transportation costs climbing and protectionist trade provisions on the table in Washington, Canadian businesses can be f...