Potash: An Inside Account of Saskatchewan's Pink Gold

Potash: An Inside Account of Saskatchewan's Pink Gold

by John Burton


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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.

Product Details

ISBN-13: 9780889773141
Publisher: University of Regina Press
Publication date: 05/23/2014
Pages: 215
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

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