BHP's decision to postpone its Jansen potash project and Vale's (NYSE:VALE) move to shelve its...

BHP's decision to postpone its Jansen potash project and Vale's (NYSE:VALE) move to shelve its Kronau project amid weakening global demand for commodities and falling resource prices expose the risks of Canada’s heavy reliance on resource extraction. Saskatchewan faces losses of potential tax revenue every year a project flounders, and the effects could ripple across the country.