It takes fairy tale thinking to imagine that government can or should interfere to 'stabilize'  private sector investment cycles.  Those that try, using NDP style tactics preferred by the author, 'stabilize' activity very close to the level demonstrated already by BC's NDP government, at zero!
Citing one extreme boom-bust cycle to deconstruct the legitimacy of private sector investment models, is a classic trick employed by those favouring the Venezuelian economic model.  They need to come clean with their attempts to hijack our society.