Quote:
Originally Posted by Makarov
That any energy company that enters agreements on the presumption that the province will never enact new or amend existing legislation regulating the energy industry (as you seem to suggest happens) is hopelessly misguided.
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Oh no I agree with you, but it's the same concept as what that company was stating in it's quote that several people thought made sense.
The reality of business is that government decisions are a risk big or small. Things change and governments largely do what they want, and it happens all around the world. Like when Venezuela or Saudi Arabia nationalized their oil and gas industries, just a reality of business risk.
Governments have to be able to change terms in contracts over time to take care of their people. However, they need to be careful to establish certainty in business markets and the overall economic environment. Gotta be some balance.