Gordon Laxer & Marc Hasbani On CBC Radio

So if the price at the pump is the problem is nationalizing Canada's oil and gas industry the solution? Well, that was the finding of a recent study by Leo-Paul Lauzon and Marc Hasbani of the University of Montreal.

Marc Hasbani is a PhD candidate in Social economy at the University of Montreal. He joined us from Montreal, Quebec.

Nationalize Oil

Jean Paul Getty, the famous American Industrialist and founder of Getty Oil, who compared the hunting of oil to the hunting of a wild animal. Whoever manages to capture oil, Getty once said… owns it!

In Canada, that saying still holds true. You don't own the oil unless you happen to own shares in Exxon Mobil, Suncor, ConocoPhillips, Petro Canada or one of the big, private corporations controlling Canada's oil supply.

But Gordon Laxer would like to see that changed. He is a professor of political economy at the University of Alberta, Director of the Parkland Institute - and the author of Open for Business:The Roots of Foreign Ownership in Canada. He was in Edmonton this morning.

Link [FYI Gordon Laxer is the same prof who was making his presentation to that House of Commons Committee when the Conservative chair stormed out. I haven't heard of those guys from Quebec though; they sound like interesting guys. - NSay] [Proofreader's note: this article was edited for spelling and typos on August 7, 2007]

Note: Link