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Bob Lower

Riding the Tornado

  • Documentary
RELEASE

1986-01-01

BUGET

N/A

LENGTH

57 min

Description

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.