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Canada’s productivity problem isn’t that big if we exclude oil

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    #46
    Originally posted by AlbertaFarmer5 View Post
    Once again chuck, Norway is a sovereign country. In complete control of its own financial destiny, Alberta is a province within a confederation which implements income redistribution.
    We have been through this multiple times before.

    ​​​​​​​Run the numbers without transfer payments over the decades if you want to compare the two.
    Huh?

    So Alberta doesn't have its own relatively small and underused heritage fund?

    "May 19, 1976: The Alberta Heritage Savings Trust Fund Act was given Royal Assent.
    When the Alberta Heritage Savings Trust Fund Act was passed in 1976, it set three
    objectives for the Heritage Fund: to save for the future, to strengthen or diversify the economy, and to improve the quality of life of Albertans."​


    February 24, 2022: The Alberta Heritage Savings Trust Fund 2021-22 Third Quarter
    Report was released on February 24, 2022. The fair value of net assets of the Fund was
    valued at $18.9 billion on December 31, 2021."


    And what transfer payments are you referring to? You mean the federal tax that every province is subject to at exactly the same tax rate?

    Try to get the facts straight A5!

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      #47
      Norway has near highest personal taxes in the world and the government has the most money in the bank?

      Tax me harder Daddy?

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        #48
        Norway operate like the owners of the resource instead of giving a lot of the profits to a few shareholders with very low royalty rates and generous subsidies

        Its a plan designed by the petro elites and their friends in the government.



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          #49
          Statoil is the one and only game in town. Gosh if you stupid ndp hacks could’ve remotely ran any one of your crown corps half as good Sask would be rolling in it but sadly letting party hacks run stuff into the ground leads to money losing ventures. How’d Saskoil fare or pcs when ndp ran? Quit talking out of your ass.

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            #50
            Statoil sure worked and made Norway one of the richest countries on earth with a very high standard of living for everyone.

            Wilton would rather the petro elite get the the largest share of the profits and then ask taxpayers to clean up the mess!

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              #51
              Norway has some of the highest tax citizens in the world, looks like it’s really not that great.

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                #52
                Maybe chuckroach should move to Norway!

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                  #53
                  Let's hear his own opinion on the effects of powerful unions and ****old government on productivity.
                  LOL.

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                    #54
                    Originally posted by chuckChuck View Post

                    Wilton would rather the petro elite get the the largest share of the profits and then ask taxpayers to clean up the mess!
                    Sure you dork. Wilton would like resource royalties be properly banked in a fund and not dipped into but invested properly like Norway. Wilton would also like a regulatory structure which ensures a level playing field for companies but responsibility to clean up when wells or mine sites are exhausted. Saskoil tanks still exist on defunct well sites to this day. How long ago did your ndp wet dream go defunct?

                    Comparing Norwegian Statoil to any resource nationalization in Saskatchewan is bloody laughable and indicative you’ve finally smoked yourself retar*ed. Statoil played ball with the major oil CO’s to develop their fields. The ndp cursed them and chased them away. NDP couldn’t run a pissup in a brewery. Was it you or Lingenfelter who left the door open and froze the potatoes?

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                      #55
                      Wilton, you are responding to him as if he's actually intelligent enough to understand.
                      His insistence that a country and a province would have the same economic latitude reminds me of my grade five french class.
                      Our teacher had us all choose a country to represent then we played a game "Le pays" to learn the names of countries in french. All year, one of the girls insisted that Hawaii was a country. The patient teacher eventually give up on convincing her otherwise and let her be Hawaii.
                      Yes, I am pointing out that Chuck is not smarter than a 5th grader. At least not all of the other fifth graders I went to school with, with the except for the one who couldn't differentiate between a state and a country.

                      Comment


                        #56
                        So Alberta doesn't have a heritage fund nor the power to save more resource revenues in the heritage fund?
                        Your are sure of that?
                        Last edited by chuckChuck; Aug 20, 2024, 07:05.

                        Comment


                          #57
                          Originally posted by chuckChuck View Post
                          So Alberta doesn't have a heritage fund nor the power to save more resource revenues in the heritage fund?
                          Your are sure of that?
                          I’m talking about Saskatchewan. I don’t live in Alberta so I worry about where I live.

                          Comment


                            #58
                            I keep reading this title and thinking that Agriville's civility problem isn't that big if we exclude Dr honeydew.

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                              #59
                              Originally posted by WiltonRanch View Post

                              I’m talking about Saskatchewan. I don’t live in Alberta so I worry about where I live.
                              So you have to live in Alberta to have an opinion about their government and policies?

                              But you have an opinion on Norway but you don't live there either?

                              Gotta love people who run away when asked a question about Alberta's Heritage fund which is sorely underfunded compared to what Norway did with a lot of their resource revenue.

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                                #60
                                So the pretend libertarian sets a "high" bar for civility when he calls posters pedophiles and claiming that they wish someones mother dead? LOL

                                You seem to have a lot of time for bull shit A5.

                                A5, all hat and no cattle!

                                Rules, civility and laws are for the other guys.







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