What matters to me is whether they are planning on breaking existing contracts or not.
If they are then they’re no better than the other lawless countries around the world from Russia to Venezuela.
Future contracts are always negotiable. Not done deals.
...In the latest financial note to condemn Alberta's changing landscape, entitled The Bolivarian Republic of Alberta, Deutsche Bank said yesterday to clients that its first reaction was that the report was authored by a visiting delegation of Venezuelans.
Deutsche Bank highlighted the escalating risk of investing in the province: "Risk, risk and risk, and there's risk. Above all, be warned about risk," it said.
Yup. A lot of people have apparently forgotten about who pulled the pins on the last North American oil boom.