In Saskatchewan, politics and potash are continuously, inextricably intertwined. The province is the largest single producer of potash on earth, accounting for about a quarter of the world’s total production. The industry has played a significant role in the provincial economy for over 40 years and continues to contribute to Saskatchewan’s growth. Recoverable reserves of potash are well over 100 billion tons.
With global markets currently in upheaval, Potash explores the interface between politics and the industry, the question of returns to the people of the province, and considers new developments that portend changes to the existing state of affairs. Written by an insider who helped nationalize the industry in the 1970s, John Burton expertly integrates behind-the-scenes accounts of the major players, archival material, and interview sources to produce a book that “cuts through the bull” and adds to our understanding of the world’s greatest fertilizer.
|Publisher:||University of Regina Press|
|Product dimensions:||6.00(w) x 9.00(h) x (d)|
About the Author
John Burton grew up on a farm in Saskatchewan, studied at the University of Saskatchewan and the London School of Economics, was elected to Parliament, and played a major role in Saskatchewan's 1975 decision to acquire potash-producing facilities. He was a member of the Board of Directors of the Crown-owned Potash Corporation of Saskatchewan from 1975 to 1982.
Table of Contents
Chapter 1: Introduction
Chapter 2: Beginnings and Development
Chapter 3: Oversupply Crisis and Government Intervention
Chapter 4: The Dynamics of Potash Politics
Chapter 5: New Realities
Chapter 6: Defining Goals and Finding New Directions
Chapter 7: The Potash Reserve Tax
Chapter 8: A Crisis Looms
Chapter 9: The Decision--Public Ownership
Chapter 10: Getting Started
Chapter 11: Saskatchewan's Golden Opportunity
Chapter 12: The Privately Owned Industry, 1989 to Now
Chapter 13: BHP Billiton Blows the Big Buyout
Chapter 14: What Can We Learn?
Appendix A: Potassium
Appendix B: Saskatchewan Potash Mines, 1970
Appendix C: Potash Pro-rationing Regulations
Appendix D: Potash Deposits and Mines in Saskatchewan
Appendix E: Capital Outlay in Saskatchewan Potash Mines Relative to Plant Capacity
Appendix F: Analysis of IMC Data on Potash Reserve Tax
Appendix G: Potash Sales and Royalty/Tax Revenues to the Government of Saskatchewan
Appendix H: Canpotex Limited
About the Author