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If every Norwegian’s a millionaire, why’s Alberta in hock?

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    #37
    Sawfly, it was your beloved NDP governments that changed the farmland ownership laws to allow Canadians to what we have today.

    Also it was the NDP that set in place the current royalty structure for oil and potash. Careful where you point the finger.

    But that said royalties at $10 a barrel should be different than $90 on a percentage basis in my opinion. The government should get more in a windfall situation.

    Government should be forced to put 25 or 30% of non renewable resource revenue into a heritage fund of sorts. If you give a government a buck they will always spend it, they never run out of ways to spend.

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      #38
      The people of Norway are indeed well fed and watered. Like other socialist systems, there is also little chance to better your life beyond what the government allows. They have a low population relative to the resources available, but if they had Canada's population they'd be running deficits, like every other government in the world. When the next energy source replaces oil, I'd much rather be in Alberta than Norway where the people aren't as used to being firmly connected to the gov't teat.

      I don't suppose we'll get our $15-20 billion a year back from Quebec when the oil runs out either.

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        #39
        FarmRanger

        "Like other socialist systems, there is also little chance to better your life beyond what the government allows".

        Would you care to justify the above statement with regard to Norway. Are saying people in Norway do not possess entrepreneurial skills, or are you another poster on here making excuses for Alberta's blown opportunities with regard to oil revenues?

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