Say what you will but Stephen Harper has become the ultimate pragmatist. You see it in his dealings with Quebec, and Ontario, and on the stimulus and now with the potash acquisition. The ‘conservative’ is supposed to be a free trader – a proponent of the free flow of capital. They are out begging foreign companies to invest in the oil sands, for example.
But because Brad Wall whipped up some good old fashioned populist furor, Harps had to hold his nose and veto the BHP acquisition.
The potash isn’t going anywhere. PotashCorp was already run by executives from Chicago (although I see they are supposedly moving back to Saskatchewan now and I guess they are re-adding Saskatchewan to their name too).
Canadian companies have more money invested outside of Canada than foreign companies have invested here.
This is pure politics 101.