RE: Is there a Parallel?? Ilahsram, don't believe everything you read in the "media". The truth about the potash Corporation of Sackatchewan, is that I wasn't / isn't a Canadian company in the first place!
"The debate over who should own and control
PCS was prescribed by our political and economic
leaders, with the strong support of the mass
media. Most people seemed to believe that PCS
was owned by the people of Saskatchewan or at
least by Canadian investors. One public opinion
poll suggested that a third of the people in the
province believed it was still a Crown corporation.
Few people knew that it was now a major fertilizer
corporation, with two-thirds of its sales coming
from its phosphate and nitrogen branches in the
United States. Even the political leaders seemed
reluctant to admit that the real head office was in
Chicago, not Saskatoon.
Completely left out of this debate was the
central issue: who should own and control
the potash industry, and who should benefit
from the exploitation of this non-renewable
natural resource? Not even the opposition New
Democratic Party (NDP) was willing to make this
question part of the discussion. All of this was not
surprising. The Saskatchewan Party government,
headed by Brad Wall, was a strong supporter of
the rights of big business and foreign investors.
The leader of the NDP, Dwain Lingenfelter,
had been Deputy Leader and a key member
of the inner cabinet of Roy Romanow’s NDP
government
in 1994 when they completed the
privatization of PCS and opened it up to majority
U.S. ownership. Lorne Calvert’s NDP government
then greatly reduced the royalties and taxes
on the potash industry in 2003 and 2005. The
NDP leadership continually demonstrated its
reluctance to broaden the debate."
https://www.policyalternatives.ca/publications/reports/exploiting-saskatchewan%E2%80%99s-potash-who-benefits