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Originally Posted by Cowboy89
I think Pepper addressed my thoughts on the industry and climate change.
As for the diversification argument I don't think people get it. Canada has resources, and development of them results in economic benefits. Not developing them does not lead to equal or even similar economic benefits moving to other sectors, it just simply leads to less economic activity in the country overall. So we can achieve 'diversification' but at a cost of lower economic development. Not necessarily a desirable outcome. The argument for the oilsands is that we're playing the hand we have economically to maximize Canada's benefit.
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And in conjunction with this thought we have had a huge issue with not enough skilled workers. I'm not sure how trying to diversify things and develop the resources we have at the same time would positively affect that issue. Overall the whole "we should've diversified" argument seems like a lot of hindsight bias with some "I told you so" thrown in for good measure.