Don’t screw this up!

In my latest for the Globe’s ROB I explore the idea that what really makes Canada rich isn’t our natural resource endowment, but the nesting of that endowment within a far more important one. That more important one is our endowment of institutions and behaviours like the rule of law, enforcement of contract, non-corrupt judges and officials, stable, reasonable and predictable tax and regulatory burden and so forth. But there are always politicians who think the natural resource wealth is just there for the taking. Retribution is swift!