The Israel-Iran war highlighted a harsh truth for Canada: Our oil economy has no future

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Open this photo in gallery: Stability in oil prices despite war in the Middle East has demonstrated that Canada can't bank on the oil and gas industry for its economic future.Jeff McIntosh/The Canadian Press John Rapley is a contributing columnist for The Globe and Mail. He is an author and academic whose books include Why Empires Fall and Twilight of the Money Gods. Look closely, and you’ll see how the war in the Middle East has told us a lot about the future of the world economy, and how Canada might sink or swim in it. A striking thing about...