The gods wait to delight in you

I just read this interesting article: “What Norway did with it’s oil and we didn’t”. It focuses on the legislative and public policy aspect of the oil boom in Canada. It compares Canadian methods of handling it’s new found oil to that of Norway’s policies, both publicly and privately. It draws attention to our focus on the free market, which rarely allows for long-term, sustained growth (since there is barely any control over the resource and no government intervention).In 1969, Norway discovered oil (in what was called the Norwegian continental shelf) and understood that oil was a finite resource—one that could be harnessed for the betterment and long-term prosperity of the collective Norwegian population. They aimed to use the oil as a way to make them more competitive beyond just the resource itself. The author contends that this was a very smart choice and that Canada is not making the…