"Vast quantities of money would be spent (usually by government) on infrastructure needed to extract whatever resource was in demand. And then, suddenly, things would change.
"Maybe the commodity would fall out of fashion — as did felt hats made from Canadian beaver pelts. Or maybe technology would make the staple irrelevant, as the steamship did to masts made from Canadian white pine.
"In all instances, Canadians would be left paying the costs."
Full article: The false gods that are Alberta’s oilsands.
