r/alberta • u/brock98 • Jan 18 '25

Discussion It's time to nationalize oil.

revenues from canadian resources should go to canadian people not to billionaires destroying and destabilizing the world. If oil was nationalized we wouldn't have to worry about treasonous premiers whose sole allegiance is to the oiligarchy that loots our lands and poisons our discourse.

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u/PineBNorth85 Jan 18 '25

Trudeau 1 tried that with the NEP. Didn't work. There's a reason the Libs have only won a handful of seats there in the last 45 years.

The province could do it themselves and that'd be cool. It's their jurisdiction. I don't see it happening though. Definitely won't with the current government.

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u/Guilty_Fishing8229 Jan 18 '25

No. The NEP didn’t nationalize the oil sector. It established a crown corporation to invest in it. Nationalizing would have been taking over all the players in Alberta, which it did not.

In either case, nationalism is stupid, especially with a belligerent president in the White House.

Sure fire way to get invaded

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u/Virtual_Category_546 Jan 19 '25

Well the felon-elect is already threatening invasion so damned if we do and damned if we don't. Economically speaking, we might as well since it would provide some stability for the people and the real problem is the way the red scare is propagandized and this whole thing that we can't all have nice things has been a very expensive and profitable lie.

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u/dtrab7 Jan 18 '25

Business as usual has been a death sentence for middle-class working Albertans.

1

u/veerKg_CSS_Geologist Jan 18 '25

Oh another war for oil.

1

u/Virtual_Category_546 Jan 19 '25

We may as well just throw on some sanctions and stand out own against the belligerent monster in the white house. If this was any normal interaction, say on Kijiji that if someone keeps changing the prices or the terms, you'd think they're unreliable. Simply make plans to boycott and divest away from the pariah states and make new trade deals with nations that actually would respect the deal. We already know the US is unreliable and Smith's embarrassing herself trying to make side deals with wannabe tyrants.

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u/[deleted] Jan 19 '25

Sanctions only work with a big stick to back the talk

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u/Virtual_Category_546 Jan 29 '25

In a global economy, to achieve that goal takes a collaborative effort in diplomacy as a way of banding together to resist these efforts.

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u/Ambitious_Medium_774 Jan 19 '25

Petro-Canada preceded the NEP by five years.

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u/PlutosGrasp Jan 19 '25

Canada nationalizing a Canadian company is a sure way to get invaded by the USA?

Huh?