Laurentian Elites

[jazz]

They are planning to sell it to the private sector. Or they could keep it as it will be a money maker.

Natives are not the private sector.

[blackpowder]

Why did they have to step in and buy it in the first place?
Why will it be the last pipe laid in Canada?
Why are we the most expensive country to get anything done?

[STR1]

Its a nice distraction in Alberta from having to explain how Alberta saved nothing from the last boom like Norway and Alaska have done.


Norway and Alaska never had to transfer all their profits to other states or countries...........hence there is where Albertas savings went “equalization”.

[Hamloc]

How does that square with Trudeau buying the TMX to make sure it gets built? They are working on it now.

And the US is still holding up Keystone XL and Enbridge Line 3 which have nothing to do with Canadian politicians!

This east west divide has long been played for politics. Its a nice distraction in Alberta from having to explain how Alberta saved nothing from the last boom like Norway and Alaska have done.

Alberta runs its core services on one time resource revenues and offers low royalty rates for oil companies, low taxes for citizens and corporations and then complains about how it can't make ends meet?

Where are the true fiscal conservatives like Lougheed who knew enough to mange the boom and bust economy better and save something for the future?

There are some things we agree on, some we disagree. I agree it is a big mistake to spend all resource revenues on core services but I think lower royalties are justified due to the greater cost of getting our oil to market. Unfortunately the majority of Albertan's refuse to entertain increasing tax rates so that energy royalties can be put away to benefit future generations.

[Oliver88]

There has been a sense of jealousy ever since the oil sector became the engine of the Canadian economy. Petroleum and resources are beneath the Laurentian elites so something has to happen before Western Canada is too strong financially and politically.

Equalization payments to Crybeck
Bill C-48
Bill C-69 No Pipelines Bill
Carbon tax

[blackpowder]

Is that list just the symptoms?
What's the disease?
Insulated long term grip on power?
Faulty confederation guidelines?
Faulty govt structure?

[chuckChuck]

Its a nice distraction in Alberta from having to explain how Alberta saved nothing from the last boom like Norway and Alaska have done.


Norway and Alaska never had to transfer all their profits to other states or countries...........hence there is where Albertas savings went “equalization”.

What?

Alaskans like Albertans still pay federal taxes. Norwegians pay some of the highest taxes in the world and still put away over a trillion dollars in savings.

Federal taxes paid on income in Alberta are the same rate as every other province. And they are paid on the profit. No one in Alberta or any other province is transferring all their profits to the federal government.

That’s not an excuse not to collect sufficient provincial taxes or royalties on resources owned by the citizens of Alberta.

[chuckChuck]

Natives are not the private sector.

Native run companies are the private sector. They will find finance and take ownership under what ever corporation they decide to set up.

Are you opposed to native run corporations or what?

[jazz]

Are you opposed to native run corporations or what?

A group of people who are wards of the state getting preferential access to an investment opportunity funded by the govt at a subsidized rate IS NOT THE PRIVATE SECTOR.

A 7B dollar gift.

[chuckChuck]

A group of people who are wards of the state getting preferential access to an investment opportunity funded by the govt at a subsidized rate IS NOT THE PRIVATE SECTOR.

A 7B dollar gift.

Have you seen the terms of any sale or the structure of any ownership? If not you are making up crap!

First Nations run many businesses in the private sector. Are you suggesting that they all get preferential treatment?

Sounds like you are opposed to First Nations ownership. For what reason?