The King is Dead; Long Live the Queen

The grumpiness is deafening. The astonishment is mind-numbing. And the continued entitlement is unbelievable. No different than the morning after Iveson was elected as Mayor, no different than when snowboards were first allowed on ski hills, and no different than when women were finally allowed in the spike bar at the Mayfair.

Gasp! This place is going to hell and these young folks don’t have a clue how to run this place.

Welcome to the new Alberta. Average age, 36.

The new Alberta has come off being the strongest economic region in North America for the past ten years and a lot of people have made a lot of money – which is a good thing. We’ve been the lowest tax jurisdiction in North America, with a royalty structure that has promoted investment and the development of our resources at an unprecedented rate.

But that same policy environment has created a hyper-inflated economy when oil prices are high and a deficit-debilitated budget when prices are low – which has been confirmed through two economic summits as a bad thing. So if citizens, business leaders and economists all want to have a more balanced approach to growth and development going forward, then looking at incremental changes to these taxation and royalty policies is certainly not incomprehensible.

It just really upsets those who are used to getting their way.

Enter Kevin O’Leary, with his made-for-reality-TV personality, shouting fears that Alberta will be dragged into the abyss, will be filled with unions, and will be brought to its knees because it voted in the NDP.

While his blue suit and sharp tongue work on network TV, he embarrassingly proves himself and other crony colleagues out of touch with the fact that our resource assets remain incredibly valuable, our carpenters, electricians, plumbers, nurses, boilermakers and other unions are not invading, and we have a long history of never, ever, being brought to our knees.

The change in government was not some freak event. Over 72% of Alberta voters expressed their desire for change, expressed who they are and expressed what matters most to them – things like good governance, sustainable growth, fiscal management, transparency, and engagement.

Alberta still represents the same abundance of opportunity. And like any good company, the shareholders have expressed their desire to make incremental changes along with a restructuring to the board, in hopes of creating more value. In short, they lost confidence in the King, and they elected the new Queen. The grumpy guys may not like it, but all the rhetoric in the world won’t change a thing. It’s time now to pull together, make the necessary changes, and continue to be the highest performing economic region in North America for the next 20 years.

Arrogance + Hypocrisy

When I was growing up, I spent many afternoons drinking Turkish tea with one of my mentors – a great doctor and Muslim leader from our community – who gave me lasting gifts with every conversation. We always discussed politics and religion and leadership … the very stuff we are told never to talk about … until the pot of tea was emptied … and then we would brew another pot and talk some more.

Mostly, I just listened.

“What is the worst combination of sins?” I remember asking.

After great contemplation, a long sip of tea … and then another … the wise elder leaned forward and whispered two words: “Arrogance and Hypocrisy.”

Long sip …

Five years ago, filmmaker and environmentalist James Cameron came to Ft. McMurray to observe the oil sands and made some public comments that came from a place of ignorance and ambition … another ruthless combination. Knowing little about the history, the geology or the science, the Hollywood director flew in on his private jet and aggrandized the unearthly degradation that was fueling the very things that heated his expansive home, built his movie studios and powered his luxurious choices of transportation … arrogance plus hypocrisy at its finest.

Some five years later, the oil sands now attracts withering celebrity icons on their personal “quests for relevance.” Archbishop Desmond Tutu, Neil Young, Robert Redford, Daryl Hanna (how she is deserving to be on any list?) have all graced us with their presence, their pontifications, and their self-importance … serving out the dangerous cocktail … a double shot of arrogance with a twist of hypocrisy.

But sometimes the world surprises you.

Last week I was in Montreal and had the opportunity to hear James Cameron being interviewed by George Stroumboulopoulos. I braced myself when the question from the audience inquired about his latest environmental crusade. However, after five years of fact-based research and a boat-load of humility, this is how James Cameron answered the question:

“What I have learned is that 19.5% of greenhouse gases (GHGs) and greenhouse effect is caused by animal agriculture, which is more than the entire transportation sectors put together … all cars, trucks, planes, ships … everywhere. So with a simple food choice, we can basically switch off global warming. Now, what are the chances of people suddenly deciding not to eat meat and dairy? Probably pretty slim. But it is possible … as opposed to it is not possible to switch the entire energy and transportation grid to alternatives in one day.” James Cameron then went on with great humility to acknowledge some of his own past hypocrisies in his use of energy products and how his crusade has shifted from one of finger-pointing and condemnation to one of leadership through personal action.

James Cameron sipped some Turkish tea.

Now, I’m sure James Cameron would still like us to reduce our energy footprint. But what I was impressed with is ability to sit quietly and reflect, and to recognize that the supply of energy is not the problem in a world with insatiable human demand. Human demand is the root cause, and that knows no geography.

“What if the billions of dollars spent on environmental activism was spent on education and marketing – the changing of human behavior?” I ask.

Hmmm …. that’s a question that requires another pot of Turkish tea.