Ethics

Hypocrisy revealed

Federal Conservatives complain that environmental charities use money from outside Canada to campaign for effective regulation of energy industries. Contradicting the rhetoric, CRA records show that environmental groups are not the leading recipients of foreign sourced funding. Tories have been silent about the biggest recipients of alien contributions.

However, egregious political hypocrisy is truly revealed by evidence that most profits from tar sands exploitation flow to foreign corporations. From Brendan DeMelle of desmogblog.com:

Tar Sands Oil Companies 71 Percent Foreign-Owned – Cue Ezra Levant’s Outrage, May 10, 2012

“Publicly traded oil companies with active tar sands operations have a very high level of foreign ownership – 71 per cent.

“Some supposedly “Canadian” oil companies including Suncor, Canadian Natural Resources Limited, Imperial Oil and Husky are predominantly owned by foreign interests. More than half of Canada’s oil and gas revenue goes to companies under foreign control…”

Categories: Ethics, Harper Government

5 replies »

  1. The CON talking point says that according to Statistics Canada, the total foreign ownership is at 35%. Saw it today on Power & Politics.

    That is a big discrepancy.

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