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

[cropgrower]

clearly too fixated on Danny to have a clue whats going on

[WiltonRanch]

It seems as if the pretend libertarians are still struggling to say something of substance? Just more juvenile posts about nothing?

Norway saved like true fiscal conservatives. Not the rip and ship it types in Alberta who spend it all and saved none of the one time resource revenue.

And then leave a massive cleanup bill for the next generations of taxpayers?

Generous private profits then the public pays for the cleanup!

It's the Alberta UCP way!

Yeah what did the Sask ndp with their resources. Oh yeah nothing. Yep keep it in the ground. You’re a dork.

[TSIPP]

Saskatchewan NDP pretty much shut down all resource revenue and exported the young people into Alberta, NDP is just a scourge for society.

[sumdumguy]

I was at a conference in Rocanville back in Roy Romanoe days. We were talking about the oil maps that showed the oil and natural gas under Alberta and ending abruptly at the Sask border and I said, “Do you really believe that the oil stops at the Sask border?” and the university “expert” quickly retorted with, “ Yes, it sure does.”

[blackpowder]

I was at a conference in Rocanville back in Roy Romanoe days. We were talking about the oil maps that showed the oil and natural gas under Alberta and ending abruptly at the Sask border and I said, “Do you really believe that the oil stops at the Sask border?” and the university “expert” quickly retorted with, “ Yes, it sure does.”

Just like the board guy who told me 20 years ago that if better yielding wheat were possible "they'd have found it by now."

Lots of land was bought around here with money made in the Kindersley area.
I worked in Estevan in 1990. Drove home every shift.
Driving there today you don't recognize Saskatchewan.
The only banjos left appear to be on Agriville.

None of Chuck's post is factual by the way. As usual.

[chuckChuck]

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!

[shtferbrains]

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

Tax me harder Daddy?

[chuckChuck]

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.

[WiltonRanch]

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.

[chuckChuck]

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!