What if the oil and gas industry were public instead of private?

Canada’s oil and gas industry creates significant environmental and social problems for Canadians. This is partly because of the nature of the for-profit, private-interest business corporation, which dominates that industry.

Could some of the problems be resolved by purchasing the industry and converting it to an industry aimed at serving a broader public-interest mandate? Legally and financially, the transformation would be relatively straight-forward, and there are precedents. Read all about it the CCPA and Parkland Institute co-published report Private Gain or Public Interest? Reforming Canada's Oil and Gas Industry.