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Squandered - by Eric Cline

Squandered - by Eric Cline - 1 of 1
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About this item

Highlights

  • An exposé of the reality of Saskatchewan's potash industry management--prioritizing private profit over public interest A single province in Canada--Saskatchewan--is blessed with a remarkable birthright: 50% of the world's potash reserves.
  • About the Author: Eric Cline practiced law in his hometown of Saskatoon prior to serving 16 years in the Saskatchewan legislature, where he held several senior cabinet positions, including Health, Finance, and Industry and Resources.
  • 176 Pages
  • Political Science, World

Description



Book Synopsis



An exposé of the reality of Saskatchewan's potash industry management--prioritizing private profit over public interest

A single province in Canada--Saskatchewan--is blessed with a remarkable birthright: 50% of the world's potash reserves.

Potassium is a necessary ingredient of the fertilizer required to feed a growing world population. Accordingly, prices and corporate profits have soared to unprecedented levels in recent decades. While other countries such as Saudi Arabia and Norway have taken steps to capture the value of their natural resources for their people, Saskatchewan has failed to leverage the value of its potash and has given much of it up for an inadequate price.

Billions of dollars of forgone revenue has resulted in tax unfairness, program underfunding and malfunction, and a growing and worrying divide between the affluent and the very poor. Analysts from across the political spectrum have identified this revenue problem, as well as a straightforward solution. Unfortunately, the Saskatchewan government has declined to review the situation and instead seems to rely upon the advice of the industry itself. The province now faces the game-changing issue of how to tax appropriately the small number of multinational conglomerates that now own these potash mines. Whether or not the province obtains reasonable value for its potash will determine whether Saskatchewan will be a place of opportunity for all of its citizens or continue on a path of wealth for a few and extreme poverty for many.



About the Author



Eric Cline practiced law in his hometown of Saskatoon prior to serving 16 years in the Saskatchewan legislature, where he held several senior cabinet positions, including Health, Finance, and Industry and Resources. After politics, he worked for 12 years as a corporate executive in the mining sector before establishing an arbitration practice and working as a professional fused-glass artist.

Dimensions (Overall): 8.9 Inches (H) x 5.8 Inches (W) x .7 Inches (D)
Weight: .6 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 176
Genre: Political Science
Sub-Genre: World
Publisher: University of Regina Press
Theme: Canadian
Format: Paperback
Author: Eric Cline
Language: English
Street Date: March 19, 2024
TCIN: 90417912
UPC: 9780889779693
Item Number (DPCI): 247-03-7400
Origin: Made in the USA or Imported
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Shipping details

Estimated ship dimensions: 0.7 inches length x 5.8 inches width x 8.9 inches height
Estimated ship weight: 0.6 pounds
We regret that this item cannot be shipped to PO Boxes.
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