Policy: Nationalization of Canadian Oil Industries for Canadians
Foreign ownership of and profit from the Alberta oil sands is at an all-time high. Environmental concerns are frequently ignored, and the cost of Canadian oil and gas to Canadians is rising. Further, oil interests exercise unprecedented influence in politics. In order to begin correcting these issues, Canadian oil should be nationalized and new emphasis placed on forward-looking, clean, renewable technologies and fuels.
Nationalization of Canadian Oil Industries for Canadians
Brian Wallin | Ottawa West-Nepean Young Liberals
WHEREAS the Alberta oil sands are three-quarters foreign owned, with forty percent of profit going to foreign-owned companies;
WHEREAS new technologies and forms of energy are not pursued to the same degree as pipelines;
WHEREAS oil companies try to undermine the political process in order to benefit themselves;
WHEREAS the production of oil is often not environmentally friendly and has ill effects on the lives of Canadians who live near production sites;
WHEREAS the individual in society cannot be free when the high cost of living supercedes their value as great Canadian resources;
BE IT RESOLVED THAT the Federal Liberal Party of Canada seek the nationalization of Canadian oil for Canadian people.
BE IT FURTHER RESOLVED THAT a Liberal government would advance research into clean, renewable sources of energy through incentive and stimulus to those industries.