Angry Mortgage The Massive Shift | EP. 155
Jan 6, 2026
Heather Exner-Pirot, a leading expert on Canadian resources and energy policy, shares her insights on the shifting landscape of resource industries in Canada. She discusses the reasons behind the resource slowdown and the impact of the shale revolution on global energy. Heather highlights how Canada's resource sector can drive economic growth, boost GDP, and create jobs for youth. The conversation explores the geopolitical advantages of Canadian minerals and the importance of developing domestic infrastructure for economic security.
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Host Frames Resources As Mortgage Issue
- Ron introduces Heather Exner-Pirot as Director of Energy, Natural Resources and Environment at MLI.
- He frames resource development as central to Canada's future wealth and mortgage affordability.
Politics Amplified The Commodity Downturn
- Climate politics and Paris Agreement-era sentiment reduced appetite for resource development in Western governments.
- That political shift dovetailed with the commodity downturn and influenced policy choices in the 2010s.
Commodity Cycles And The Shale Shock
- Commodity cycles and technological shocks drive long swings in resource fortunes.
- The shale revolution created abundant cheap energy that depressed many resource prices for a decade.