Riding the Tornado
- 1986 ----- color ----- 58 min ----- vhs
(Reckoning: The Political Economy of Canada series, Part 3)
Canada was not founded as most countries were as a new habitation but rather as a resource for raw materials to be exploited for profit. As a result Canadian economic growth has been a repeated cycle of a boom and bust economy. Discusses the economic history of Canada--the early fur traders, timber, and oil in Alberta, all of it financed by what we now call "multinational corporations." Examines the result of the oil boom in Alberta, the political negotiations with the government in Ottawa, the falling oil prices and the resultant economic and human disaster. Compares this with the cautious planning for off-shore oil development in Newfoundland.
- Topics: (Canadian Studies, Economics, International Business)