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When the NDP regained power from the Thatcher Liberals in 1972, Alan Blakeney's government initiated a much watered down version of this idea with the crown corporation SaskOil.
Along with a lot of other public-owned resource corporations, the Devine conservatives privatized it in the 1980's.
It still a good idea. This time with an eye on ecology and investing profits in renewal energies.
Below is a leaflet issued by the Waffle on this issue.
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