Pipelines, energy and natural resources

[Brad Sallows]

Adding a PST or increasing royalties are just ways of taking a bigger cut of the pie. More pipeline capacity increases the size of the pie.

How easy it is to lose site of pro-growth policies and lapse back into "meh, just increase taxes".

Pro-growth is at least one principle on which AB and Carney both agree.

 

[daftandbarmy]

Adding a PST or increasing royalties are just ways of taking a bigger cut of the pie. More pipeline capacity increases the size of the pie.

How easy it is to lose site of pro-growth policies and lapse back into "meh, just increase taxes".

Pro-growth is at least one principle on which AB and Carney both agree.

When your provincial economy is enslaved to the whims of world commodity markets you tend to get... well... Alberta

 

[Kirkhill]

When your provincial economy is enslaved to the whims of world commodity markets you tend to get... well... Alberta

Working in the real world tends to breed realists.

 

[Brad Sallows]

When your provincial economy is enslaved to the whims of world commodity markets you tend to get... well... Alberta

When your national economy is enslaved to the whims of world commodity markets you tend to get... well... Canada.

 

[MilEME09]

When your provincial economy is enslaved to the whims of world commodity markets you tend to get... well... Alberta

Exactly, 90% of Albertas general revanue is from O&G related taxes and royalties. In from 1984 to 86 royalty rates were steadily reduced to the current 1% pre payoff, and while it can get as high as 40% post payoff, creative accounting often ensures projects take decades to reach that point, at which point many projects just close up.

 

[childs56]

Exactly, 90% of Albertas general revanue is from O&G related taxes and royalties. In from 1984 to 86 royalty rates were steadily reduced to the current 1% pre payoff, and while it can get as high as 40% post payoff, creative accounting often ensures projects take decades to reach that point, at which point many projects just close up.

Where does the 90% number come from?

Government of Alberta

Alberta Economic Dashboard

economicdashboard.alberta.ca

 

[Kirkhill]

Where does the 90% number come from?

Government of Alberta

Alberta Economic Dashboard

economicdashboard.alberta.ca

Try this one

Revenue

Government projections of non-renewable resource revenue and revenue from taxes and other sources.

www.alberta.ca

17/74 ths.