Saskatchewan PC's Are Really NDP

[CHIMO]

Keep Potash in Canadian hands, Wall tells Ottawa

In a burst of nationalist fervour, Saskatchewan Premier Brad Wall called Potash Corp. (POT-T146.680.780.53%) a strategic Canadian asset and said that no promises of cash or other benefits will convince the province to back a hostile bid from Australia’s BHP Billiton (BHP-N80.81-0.53-0.65%)

Mr. Wall laid out the case for a flat rejection by Ottawa of the proposed takeover during a passionate speech in the provincial capital, saying the people of Canada and his province can’t trust BHP not to break promises on such key points as job security and provincial tax revenue.

But even if there had been common ground on issues such as how to minimize lost taxes for the province, Mr. Wall said he would still say no because a company like Potash Corp. should remain based in Canada.

“We are obviously not anywhere close to having our concerns met on revenue or even on the economy, “ Mr. Wall said to a room packed with business leaders. Even if the province had been satisfied, “the strategic interest in this particular resource should trump any other monetary considerations, which will end over time.

http://www.theglobeandmail.com/globe-investor/potash/keep-potash-in-canadian-hands-wall-tells-ottawa/article1767892/

[Spazito]

1. I was really glad to see that....

it is very refreshing to see a Provincial government actually act on behalf of it's citizens' long term benefit rather than the usual sell-outs that seem to happen.

[BolivarianHero]

2. I'm not surprised...

Ever since Romanow led the NDP and Wall led the Saskatchewan Party, both parties have moved to the centre.

The NDP's move was necessitated by corrupt Tory Grant Devine's squandering of the NDP's exemplary fiscal discipline, which has limited many of the government's option.

The Saskatchewan Party's move was necessitated by the fact that you can't win provincially in Saskatchewan by going hard right because you're not going to make any inroads in Saskatoon and Regina and will be lucky to sweep the rural parts of the province.