Canada Pension Plan’s modest returns plus other letters, May 28: ‘Even this senior’s modest portfolio of Canadian equities did better’

Dig in

Re “Make no mistake, there’s an economic war happening, and the West is losing” (Report on Business, May 23): Congratulations to the contributors on their thoughtful assessment of Canada’s flagging competitiveness, particularly in the natural resources sector at a time when investment and advancement are needed most.

For far too long, I have watched governments and the public overwhelmingly favour the well-intended but misguided cries of ardent environmentalists and other activists opposed to resource development. In doing so, officials have blithely allowed a once-mighty sector to stagnate, at best, and otherwise fall into decline.

Meanwhile other countries forge ahead, many of them guided by inferior environmental and social responsibility practices. Canadians should stand up for…