Alberta budget

[stonepicker]

Also their heritage fund is invested all around the world. If things go bad worldwide it could be a lot less.

[dmlfarmer]

stonepicker: funny how you do not compare Norway's debt to GDP when you are so willing to compare taxes to GDP. Check out this chart. http://www.tradingeconomics.com/canada/government-debt-to-gdp

It is the Canadian debt to GDP from 2006 to present and until the last year was going up every year under the Conservative government. (CIA stats says it tops out in 2014 at 97.60% and ranks Canada's world standing at 129th) Now hit compare Norway Government debt to GDP and over the same time period has gone down every year. Which is better fiscal management? (CIA says 2014 public debt in Norway was 29.6% of GDP and is ranked 20th in the world.)

[stonepicker]

nope, federal debt to gdp is 86.5%, i think i made it plain that norway is doin great, what i'm saying is canada is doing not bad. what's the US. debt per capita? triple that of canada?

[riders2010]

Such a big deal is made over royalties. Yet when the world price goes to half the oil industry is still going and making money. It s a shit show to say the least. People want to say farmers that want meaningful programs are asking for wfare. Well just look at the pittance of royalty paid and tell me who s the welfare bums sucking off all those not in the industry.

They buy off politicians and governments then when the so called expansion to population comes who pays for it? The rest of us. Alberta has all this new infrastructure and now can t even maintain it. Fuel prices still ridiculous Gong show 101.

Let the oil industry go set up in Somalia or other places where the workers get their heads blown off. They keep threatening to go elsewhere well plain and simply fk off.
Produce oil and give next to free domestically and we will see real growth people and industry would flock here. Better not say more after all that's really why khadafi was killed. His country was set to boom economically because domestic oil price was pennies.

[dmlfarmer]

No, we are very close to US government debt per capita. According to Bloomberg in 2014 US had 3rd highest debt per capita at $58,910/person. Canada was 7th highest at $45,450/person. No where close to your claim US is 3 times higher!

Interestingly, Bloomberg pointed out the basket case Greece was actually 12th on the list at $38,000 per capita, significantly less than Canada!

But stonepicker, keep drinking the conservative koolaid thinking Canada is in great economic shape

[bucket]

Much like in alberta. Conservatives will say they are great shape until the other party gets elected, then in one day shit hits the fan.

40 years in power And they can't accept they may have had something to do with it.

[stonepicker]

whoa dml, don't put words in my mouth. I never said canada was in great economic shape, i said we're doing not bad. We made it through the 08 financial crisis relatively un-scathed, in a tough economy world wide canada has held its own, would you rather live in greece or one of the other pig countries? Or do you just like whining about the conservatives? You remind me of one NDP mp who said nationally on tv after the conservatives won a majority " no matter what legislation the conservatives bring forth, we're going to oppose it " now is that doing what's best for canada? What's your solution? Tax the rich and strengthen the unions?

[dmlfarmer]

SP: You also said earlier "Things are pretty darn good in canada!" I am not putting words in your mouth.

What I am trying to do is counter mis information that readers tend to pick up on and forward as truths. Like your earlier posting "what's the US. debt per capita? triple that of canada?" Many readers will take your "question" as fact when in fact it is a totally false assertion.

Unfortunately, our current government has made an art of misleading the public with statements of half truths and outright falsehoods.

You paint me as an NDP. You are wrong. I have voted Conservative federally every election. I have worked on federal Conservative campaigns. However, I can no longer support a government that does not live up to promises made, that does not do due diligence before introducing legislation, That muzzles anyone that disagrees with them. That tries to mislead me with lies and deceit. And I will do my upmost to expose such misleading information no matter who is making the claim.

[stonepicker]

US. pop. 318,000,000-- 18.2 trillion dollar debt. canada pop. 35 million-- 616 billion dollar debt. both national debt, take our debt and pop. times 10 and that would give us a debt of just over 6 trillion dollars. as i said before we're doing pretty darn good and again i never said we were doing great. Am i wrong? are those numbers correct?

[dmlfarmer]

http://www.bloomberg.com/visual-data/best-and-worst/most-government-debt-per-person-countries

Data as of feb 2014.
Rank Country Debt per person
1 Japan 99,725
2. Ireland 60,356
3. US 58,604
4. Singapore 56,980
5. Belgium 47,749
6. ITALY 46,757
7. CANADA 45,454

12. GREECE 38,444
16. SPAIN 30,031
19. PORTUGAL 26,770