This documentary focuses on boom-and-bust economic cycles, most notably that of Alberta oil during the '70s and early '80s. When the bust hit after a drop in world oil prices, those business people who knew how to "ride a tornado" cut their losses and moved on, while others were left devastated. When Newfoundland was faced with a possible oil boom of its own in the mid-'80s, it took the lessons of Alberta to heart. Part 3 of the series, Reckoning: The Political Economy of Canada.
Genre: Documentary
Stars: James Laxer
Crew: Bob Lower (Director), Bob Lower (Script), Kent Martin (Producer), John Taylor (Executive Producer)
Country: Canada
Language: English
Studio: ONF | NFB
Runtime: 57 minutes
Quality: HD
Released: Jan 01, 1986
IMDb: 10
Keywords:economics, industry and commerce
