Let's face it, this is all about politics - votes, pure and simple. Wall is pandering to Sask voter socialist/nationalist sentiment and Harper is afraid of losing 13 Conservative seats. It's embarassing watching conservatives attempting to rationalize it as something more
Peter Foster observes how Tory Agriculture Minister, Gerry Ritz (like sda and others) twists himself into a ridiculous pretzel trying to defend the decision, concluding:
... This is a bad deal for Saskatchewan and a bad deal for Canada. Potash shares have been robbed of any takeover premium since they have effectively been declared off limits to foreign buyers. Investment Canada rules now appear more opaque — or irrelevant — than ever. As usual, the most significant losses will be the invisible ones: the investments not made, the jobs not created.And, moreover:
One knowledgeable observer to whom I spoke yesterday said that it was difficult to get worked up over the notion of Canada as a banana republic because other jurisdictions do similar things. But the fact that other countries practice destructive economic policies to court populist electorates and mercantilist executives should hardly be a source of comfort. Mr. Harper understands that. Within 30 days his government is going to have to pretend that it doesn’t.Danny Williams must be smiling.