Should we join the rallies with equipment.....

[Hamloc]

AF5, You need to get out of Alberta more and gain some perspective. It's really not that big a deal on a national scale. Only 11% of GDP in 2017. Tax revenue it generated in 2016 was only $10.3 billion - 3.5% of total Government revenue. By the stories on here you'd think it was 85% of the Canadian economy.

The current oil and gas woes are not politically created, they are the result of a downturn in global oil prices, something Canada is particularly vulnerable to due to their high costs of production and lack of foresight/planning/investment in infrastructure during the good times.

Grassfarmer I remember reading an article in the National Post by Tristin Hopper. He was looking at Statscan data from 2016. In that year Ottawa recieved $49 billion in corporate and personal tax from Alberta. By comparison Quebec only contributed $50.3 billion to the Feds with a much larger population. This is where it gets interesting though, Alberta recieved a total of $27 billion from the federal government in that year and Quebec received just over $66 billion!

It seems to me you used to live in the Rimbey area, correct me if I am wrong. It is certainly unfortunate that your not a fan of the O&G industry. Many oil leases on our land and have never had any issues. Many friends employed in the oil industry, most have taken large pay cuts to stay employed. There is no doubt in my mind once the enviros gut the oil industry, industries such as farming will be in their crosshairs, just a matter of time. Enjoy your day.

[grassfarmer]

So it's the "enviros" gutting the oil industry now Hamloc? are you sure about that? - the previous posters were blaming it on the Liberal Government despite the fact the biggest drop in recent years came in the last year and a half of the Harper Government. How about considering it might just be market forces?

[Integrity_Farmer]

To show our support of the energy sector...beginning to think this isn't about western Canada anymore but about how disconnected the government is...

We maybe wealthy as someone said in another thread but we spend a lot to help the economy as a whole...

I think its bad enough the dealers might let a few farmers use some equipment sitting on lots for a rally...

If we don't support them I suppose it pretty stupid to think they will support us....

And it sounds like there are still a few farms using oil patch money to subsidize the operation....

Just some thoughts....


A weekend conversation...

In 2017 the 5 largest oil companies made 13.5 billion in profits. Yes go freeze your ass off for these big corporations at least you have your priorities straight. Why not get arrested while you are at it. Husky and ESSO need you.
https://www.facebook.com/wearenorth99/photos/a.1920329484847705/2214249972122320/

[Oliver88]

Huge anti-carbon tax and Bill C-69 rallies in Estevan and Lloydminster today.

[macdon02]

Fancy graphics Macdon - does it help them get the product to tidewater?

Oliver88, not as big a deal as it's made out to be. The taxation only accounts for 3.5% of Government revenue.

Farma, these long horizontal legs are the oil patch's dream - let's them drill underneath anybody and leave the landowner with no rights.

Lol you're only fooling yourself if you believe it's only 3.5. The entire carbon tax theory revolves around oil as well as green. The more efficient oil gets the harder it is for green to make a go at it.

The provinces leverage those royalties at roughly 10:1 into the future..... in US dollars in the bond market. So 3.5% turns into 35% in the drop of a hat.

[the big wheel]

To show our support of the energy sector...beginning to think this isn't about western Canada anymore but about how disconnected the government is...

We maybe wealthy as someone said in another thread but we spend a lot to help the economy as a whole...

I think its bad enough the dealers might let a few farmers use some equipment sitting on lots for a rally...

If we don't support them I suppose it pretty stupid to think they will support us....

And it sounds like there are still a few farms using oil patch money to subsidize the operation....

Just some thoughts....


A weekend conversation...

When have they ever supported us? They're screwing us right now.
It's hilarious how political blindness hides the facts.

What is going to happen when oil production expands?
Think about worker shortage, domestic oil prices and what that's going to do to our costs for every single item we use. Sorry but high oil costs are the exact opposite of what we need. It's a limited resource that someday will
Be done the countries that are buying it cheap and developing their countries abilities to produce other goods are passing us and will blow by us. It's actually backwards thinking. We should not be selling any of it maybe. Produce wnough here at cost to developed other industries like I don't know how about agriculture growing food?

[grassfarmer]

Lol you're only fooling yourself if you believe it's only 3.5.

No, I'm quoting Government of Canada figures.

[Oliver88]

Weird how someone who farmed in Rimbey, AB detests the engine of the Canadian economy?

[macdon02]

No, I'm quoting Government of Canada figures.

Yeah before they borrow against it to pay for social programs... the world runs off unicorn farts.. keep believing there's no leverage from govt. If that was true an increase in US interest rates wouldn't crank the Canadian national debt. You're in for an eye opener. Reserve currency runs the show whether you like it or not. We don't sell debt in loonies.

Then you take the increase in land values for the county/rm, the income tax from the producers and service co's, the welder on the pipeline, the trucker hauling water, cement, pipe, casing, fracking, the hotshot service delivering bits, the seismic that found the formation, the surveyors, the crude haulers, the service rigs that maintain wells, the girls working hse, the stores and hotels in butt **** no where that have every day customers, the fuel stations that service the rigs and trucks and their employees all paying income tax... yeah bull shit is 3.5% you are on glue. Don't forget the property taxes paid for head offices and satellite offices in Calgary Edmonton regina, then ipsco and the Ford dealers along with peterbilt and kenworth and God knows who makes trailers... and the tire shops and engine rebuilders and yeah they'd all exist without oil but their business would be half without oil and they'd need half the employees of solely servicing ag. You are so naive


Then you take all the deductions from the above being employed that's servicing the"greater good" that's redistributed through the federal govt.. I haven't even mentioned royalties that are "not high enough" or the gst, excise tax, pst on gasoline, diesel, nat gas, propane, power, and the wages and pensions paid to the public sector that service utilities ... you know, those good union jobs. That's merely the domestic aspect let alone the influx of foreign capital and US dollars.

[GDR]

Then you take the increase in land values for the county/rm, the income tax from the producers and service co's, the welder on the pipeline, the trucker hauling water, cement, pipe, casing, fracking, the hotshot service delivering bits, the seismic that found the formation, the surveyors, the crude haulers, the service rigs that maintain wells, the girls working hse, the stores and hotels in butt **** no where that have every day customers, the fuel stations that service the rigs and trucks and their employees all paying income tax... yeah bull shit is 3.5% you are on glue. Don't forget the property taxes paid for head offices and satellite offices in Calgary Edmonton regina, then ipsco and the Ford dealers along with peterbilt and kenworth and God knows who makes trailers... and the tire shops and engine rebuilders and yeah they'd all exist without oil but their business would be half without oil and they'd need half the employees of solely servicing ag. You are so naive


Then you take all the deductions from the above being employed that's servicing the"greater good" that's redistributed through the federal govt.. I haven't even mentioned royalties that are "not high enough" or the gst, excise tax, pst on gasoline, diesel, nat gas, propane, power, and the wages and pensions paid to the public sector that service utilities ... you know, those good union jobs. That's merely the domestic aspect let alone the influx of foreign capital and US dollars.[/QUOTE]

Yep, whole list of dollar added benefit not included. Oil and ag the building block of western canada

[the big wheel]

What's going to happen to oil prices when Russia is given the oil fields in the Middle East?

[sumdumguy]

Some guys are so damn stuck in the socialist bush that they can’t see out and never will get out. Jealousy blinds them for life.