Feds give the provinces a 100% transfer of the value of the excise tax they charge US importers on the exports South…literally more money that they were making before. Let’s see how much the provinces don’t like that. In the case of petroleum from Alberta, it will actually serve to remediate the discount that the U.S. has forced Alberta’s WCS to be sold at, as well as provide Alberta more revenue than they had with the systemic reduction of oil royalties starting back with Ralph Klein and carrying through to current times.
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