Canadian Oil Sands just issued its quarterly financials. They lost $128 million in the past 90 days, compared to the $176 million profit they made this time last year.
And $120 million of that recent loss -- all but $8 million -- is from the Alberta NDP's new tax increase.
Lots of ordinary people own energy and resource industry stocks in their RSPs. The NDPs war on the oil patch hurts every Canadian.
Yes, the global fall in oil prices have hurt the industry too. But the NDP's response to that crisis has only made the situation worse.
READ Ezra Levant's bestselling books debunking environmentalist propaganda against the energy industry:
Groundswell: The Case for Fracking
Ethical Oil: The Case for Canada's Oil Sands
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