Despite its shortcomings, Canada is not an economic basket case​

[cropgrower]

What could go wrong?

the 4 of them shud be looking out trough the bars of a jail cell

[jazz]

Saudi is able to have a royalty for its citizens for several reasons;

1. Smaller domestic population, zero immigration
2. Larger oil production
3. Been investing oil profits in US markets for 75 yrs.

Canada totally missed the boat fighting language wars and tin pot ottawa tyrants still wed to the hinterland idea.

[furrowtickler]

An entire country 1/3 the size of western Canada, that fully utilized its natural resources to pay for public services, not the absolute idiocy in reverse

Norway figured this out a long time ago as well
don’t kill wealth creation, work with it
wealth creation pays for social services , not the other way around like the dum asses in Canada . Sad so many completely have no clue .
More government jobs create a burden, not wealth creation … idiots

[furrowtickler]

You get what you pay for

[chuckChuck]

And what real world job experience does little PP bring to the job?

He's been a politician living off of taxpayers almost his entire adult life.

That's probably why he said crypto currency would solve inflation! He has no clue nor solutions but he is good at yapping!

[AlbertaFarmer5]

And what real world job experience does little PP bring to the job?

He's been a politician living off of taxpayers almost his entire adult life.

Agreed. But given the current crop of candidates, who would you suggest is more qualified?

[cropgrower]

PP was intelligent enough to see what would happen 3 years ago , and tried to stop the madness when the country was being destroyed

[cropgrower]

They are out of their minds

[sumdumguy]

Isn’t that picture typical?

[chuckChuck]

"In 2022, oil and gas extraction companies made $270 billion in total revenue and $63 billion in profits in Canada, according to Statistics Canada."

Norway has $1.7 trillion in its wealth fund based on its oil wealth.

In Canada we let the petro elites have most of the wealth and the rest is pissed away with the mess left for taxpayers to clean up.

Norwegians are the real fiscal conservatives who know how to manage one time resource wealth.

[shtferbrains]

I don't get the concept of having the highest tax rates in the world including personal income taxes and the government holding huge reserves of cash?

[jazz]

Did you say one time wealth chuck. There is enough oil in Alberta to last until the year 10,000AD. And good news, the temperature will be the same as it is now.

Maybe if we jettisoned the Quebec anchor we could put a few nickels away for a rainy day. How much did hydro and auto biz contribute the wealth fund. A big fat zero. And they never will.