Riding the Tornado

Name: Riding the Tornado
Genre: Documentary
Released: 1986-01-01
Duration: 57 min
Rating: 9
Cast: James Laxer

9.0 (1)1986-01-0157m

Documentary

Overview

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.