Quote:
Originally Posted by Cali Panthers Fan
No, Alberta didn't do enough to diversify it's economy away from a natural resource being the major contributor to income. Predictably, the price of the resource severely impacted the economy as a whole. It has nothing to do with Obama and everything to do with the short-sightedness of the government and economic leaders.
Could be worse though, you could be Venezuela who is in the exact same situation but far more extreme.
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Or Obama built more pipelines then any other president ever. He effectively did nothing to regulate fracking and concrete in wells. He supports the some of the dirtiest oil in the world in California.
And yet there was one pipeline which actually would have reduced both risk of environmental damage and the emissions from shipping oil which he for some reason denied.
So while what you say about Alberta failing to diversify is true Obama was no friend to Canadian economic interests and was very protectionist.