Billions more for Canada's welfare provinces

[ivbinconned]

Using the term "exploit" betrays your bias, sounds like the NDP mentality in my province where we have blocked such development and left it in the ground, scared to death someone might get rich from it and exported our kids instead. The oil and gas industry has UTILIZED” that resource, to the great benefit of all Albertans. Those farms and ranches that have had activity on their land have enjoyed a direct benefit and without such would not be viable. Some even use the funds to invest in Saskatchewan and many other ares of the ecomomy.Thank God.

Cakado your view seems very shallow! I am sure if you tried you would find that the economic spin off impact of the oil and gas sector is far beyond anthing you can imagine, the spin off investments reaching into areas that would surprise even you.

Your view and others seems to be that the only reason for Albertan prosperity is oil and gas. I have asked you to explain Venezuala...with great natural resorces, or how about Japan with little in the way of natural resorces. Come on take a stab at it.

One other thing...
"necessity is the mother of invention" and when the need, real need, for alternate means of propulsion and heat etc. become relevent believe me it will become a reality. Not every thing is doom and gloom.

[cakadu]

I would say that I'm surprised at the judgments and what is assumed to be known about myself or anyone else who does not subscribe to some of the views espoused here or the writings of Mr. Byfield.

All I know for sure is that I see it one way - you see it another and neither of us is wrong. I have said that I understand where you are coming from, I just don't happen to agree with it. Understanding does not mean agreement.

Nuff said.

[cowman]

Linda: I won't try to defend some of the things the Klein government has let the oil companies get away with in regards to the environment. I think you and I are in agreement that lease cleanups/water injection etc. are a scandal...that will probably come back to haunt us!
If I could mention the most important thing the oil and gas industry has given us, beyond the cash, it is this: The ability to realize that we can seize opportunities and have successful businesses without having to rely on a government? Right now there a lot of ex-farmers realizing they can have a very good life without always crying for money from the federal government!
A prime example: Mid forties ex-Saskatchewan farmer who is hauling water from my water hole right now! Started out working for someone else, now he has six trucks working and is busy as a bee! Told me he makes more money in one month than he used to make in a year on his 2100 acre farm!
This is the real "Alberta Advantage"! It lets you be all you can or want to be.

[ivbinconned]

I to know a Calgary man who owns the only Canadian owned oil and gas related business of its kind. All his competition is American owned and they would dearly love to buy him out.
His activities involve commerce world wide today. This would never have happened in saskatchewan!

[Horse]

I just have to ask why couldnt it happen in sask.
I know 3 farmers that picked up here and moved to sask partly to do with land avalibality and I think hoping for the oil co to get drilling there.

[ivbinconned]

horse; for starters read this...
Prairie Centre Policy Institute
Weekly Commentary

WHERE DO WE GO FROM HERE October 27, 2003

Title: Capital Punishment?

If Saskatchewan is to grow and be prosperous, it must be capable of attracting private investment capital. And you don't have to be an economist to know that it is virtually impossible to attract investment when you keep biting the hand that feeds you.

A healthy private sector and business friendly environment are often the first things the private capital market looks for when allocating their investment dollars. They tend to shy away from Saskatchewan, where investment funds are often allocated by the government rather than the market. Investors don't like it when politics replaces return on investment as the basis for allocating funds. The problem with government intervention is you end up with investment projects that often reduce rather than enhance wealth because resources are wasted on political boondoggles like Spudco, mega bingo, the land titles registry and other such expenditures that seem to be favoured by the current NDP administration.

No where is the effect of government intervention more evident than in the Western Canadian oil patch. For years we've been told that Alberta is wealthy because it has oil and gas. And, as you can see from the attached map, that statement appears to be absolutely true. The oil and gas fields do stop abruptly at the Saskatchewan border. The question is, however, do they stop because: a) that's where the oil and gas ends; or, b) the industry does not want to
invest in Saskatchewan.

Obviously, it's investment and not the resource that ends at the border. In fairness, I must point out there is a difference between the geological formations of the two provinces. As a result, the sweet light crude oil found in Alberta is worth more and costs less to recover than and the heavy crude found in Saskatchewan. But, that is not necessarily the main cause for the cut-off along Alberta's eastern border. According to industry insiders, the real culprit is Saskatchewan's Oil and Gas Conservation Act.

This Act gives the minister responsible absolute power over the oil and gas industry. It states, in part, that the minister has exclusive jurisdiction over all matters pursuant to this act. It also says the minister may reconsider any matter that has been dealt with and rescind, alter, amend, suspend or confirm any decision or order made, approval granted, or permit or license issued. Furthermore, there is no appeal from an order or decision of the minister and all decisions, findings and orders pursuant to this Act are final and conclusive. They are not reviewable in any court of law, and no decision, finding or order of the minister shall be restrained by injunction, prohibition or other proceeding or be removed by certiorari (appeal to a higher court) or otherwise by any court.

Now, Minister Cline has stated he would never use this power and I believe him. But, I'm not a big investor either. It has been widely reported that many of those who do have the capital and desire to invest purposely avoid Saskatchewan. The reasons for this are closely related to the perception that public policy in this province is largely :lriven by a long-standing contempt for capitalists and private sector investment. Success is a dirty word and we don't want any of that here. This anti-business attitude was ignited by the 1933 Regina Manifesto, which created the CCF



along with their now infamous declaration that they would not rest content until capitalism was eradicated. Fuel was added to the fire when the CCF joined with the labor unions to form the NDP. It was in full fury when a Saskatchewan NDP government nationalized the potash industry by expropriating private property. And, this sentiment is not exclusive to New Democrats. Given its political history, no wonder investors are more than a little reluctant to put their money in Saskatchewan.

I read somewhere that any government that destroys capital markets will pay a severe price for their folly. thats Capital Punishment?

AI/an Evans


Allan Evans is a marketing consultant and Business Manager for the Prairie Centre Policy Institute. .Where Do We Go From Here" is a feature service of the Prairie Centre"

[ivbinconned]

After a re-read of Byfields artical it seems we have all missed the point. What he is saying is that our society has, a long time ago ABDICATED our responsability as parents and citizens and given those virtues over to government and now in response to the mess we have created we ask government to do even more. Blind leading the blind!
The definition of insanity is demanding more of the same, and expecting different results.