And two examples in the last week that continue to prove your theory - Prosperity mine gets hit again and Athabasca Oil Sands goes ahead.n this context the native legal winning streak acts as a pressure release valve; better the courts directing traffic than police tactical units. Recent events in New Brunswick demonstrate just how limited legal remedies are in effectively clearing the road to resources. But it’s the juxtaposition of these two projects in early 2014 - together in time and space - that signals the zero-sum outcomes that lie ahead. Here’s the formula in straightforward terms: an oilsands energy project that garners native support gets the go ahead; while a proposed mine that ‘dug a hole’ for itself in the face native opposition gets rejected. The common denominator - and key component - being the native project endorsement. That means that in almost every province and territory, by now, there’ll have been a major project, in almost every segment of the extractive industries, which has crashed and burned on account of strategic mismanagement of the crown/corporate/native relationship. The overall effect is now taking a huge toll on our regional and national economies; and this sequence remains the biggest under-reported business story of the last decade. So that energy executive who flipped me the ‘heads-up’ email has properly connected the dots - and none too soon given what lies ahead. firstperspective.ca/index.php/news/14-bill-gallagher/2817-two-benchmark-events-already-in-2014
Posted on: Wed, 12 Mar 2014 05:38:03 +0000
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