Should the province of Alberta share it's oil profits?

[Mowich]

Yeah, um, Alberta has too much money. More than they need. The rest of the country needs that money...for various reasons.

BC has homeless people, and Saskatchewan is cold, very, very cold.

Plus, don't like Alberta. They suck.:smile::roll::roll:

HAWWW...HEEE....HAW ..HAW...HEEEEEEEEEEEEEEEEEEE! ROFLMAO. :lol::lol::lol:

 

[big]

Your education must not have included any business subjects.

think (again)

 

[Mowich]

Yes your right. But maybe the Feds should get all money and dish it our accordingly. We are talking about billions and billions of dollars here. If we were smart we could use it to solve some problems across the nation....

Are you saying that the Feds should take all the profits from the Tar Sands, leaving zero, zilch, nada, nil for the province. Are you outta your nut??? No way, jose' that it is just not on, a complete non-starter.

Each province has the right of ownership over their own resources and therefore the right to reap profits from sale of them. They have an agreement with the Feds that they will provide X number of tax dollars and that is where the financial committment does and should stop.

 

[countryboy]

think (again)

OK, I did.

Your education must not have included any business subjects.

Think (for a change)

 

[Mowich]

If you don't like your province then move. If you like it then your going to have to put up with it's relative poverty. That is part of the provinces "way of life;" the price of living there.

Sort of like part of the "way of life" of being a bum is missing the odd meal.""quote
_____________________________

Hey, I tried that (hoboing a bit) years and years ago, and had fun doing it. Did in fact miss the odd meal, but people used to hire me for a day er two to pile some wood, help with chores, wash windows - whatever. And I usually ate with them..

Spent a lot of time bushwacking around lakes, fishing, usually with a line wrapped around a coke bottle which acted as the reel, and sleepin out. Some would call it living rough, but I was always clean and kept me clothes mended and hair cut. Which is probably why I was hired on for short term help. No one ran, got a gun, or locked the door.

Sorry for the hijack...............NOT...............

Yah, leave the goddam province or whatever......................I guess.

:lol:

I imagine you have some grand memories of that time, nuggler. The freedom you had to 'be your own person' would alone have been worth the experience.

P.S. I like you signature. It is so true.......or is it.... the voices won't let me decide. :?::smile:

 

[big]

Are you saying that the Feds should take all the profits from the Tar Sands, leaving zero, zilch, nada, nil for the province. Are you outta your nut??? No way, jose' that it is just not on, a complete non-starter.

Each province has the right of ownership over their own resources and therefore the right to reap profits from sale of them. They have an agreement with the Feds that they will provide X number of tax dollars and that is where the financial committment does and should stop.

Each province has the right to choose to develop or not their resources but no right over the economic rents generated by those resources.

 

[Mowich]

Alberta was pretty much a have-not province until Leduc #1, 2, & 3 in 1947. Imperial Oil had over a hundred dry holes by that time so it could have been a lot different.

You betcha it was, so was Saskatchewan - it is why I left for greener pastures. The Feds couldn't have cared less back then, they just left the provinces to struggle through it on their own.

Then Alberta hit oil and the Feds were falling all over themselves to get in on the money. Still leaves a bitter taste in the mouths of westerners who lived through those times. Any wonder why many westerners are such staunch Conservative supporters?

 

[Mowich]

Should the province of Alberta share it's oil profits?

No! They should use more of the profits to clean up the bloody mess the tar sands are making.

It is a good idea, juan, if we had the right to tell them what to do, which we don't and shouldn't have. The Feds bare a fair amount of responsibility in the disgrace that is the Tar Sands, they had the authority to demand environmental standards, if I am not mistaken.

 

[big]

Then Alberta hit oil and the Feds were falling all over themselves to get in on the money.

Alberta is the name of a royalty and the money is called royalty.

 

[JLM]

Should British Columbia share it's profits from tourism, agriculture, lumber, fish, mining?

 

[Mowich]

Each province has the right to choose to develop or not their resources but no right over the economic rents generated by those resources.

Really? Then I stand corrected, big.

 

[big]

Should British Columbia share it's profits from tourism, agriculture, lumber, fish, mining?

Profits are for investors.

 

[Mowich]

Should British Columbia share it's profits from tourism, agriculture, lumber, fish, mining?

We already are 'sharing' profits, JLM, in the form of the taxes paid to the Feds. Yes?

 

[big]

We already are 'sharing' profits, JLM, in the form of the taxes paid to the Feds. Yes?

What is and what should be are two entirely different matters.

 

[JLM]

Profits are for investors.

Sounds reasonable.

 

[L Gilbert]

Profits should be for enabling companies to give people what they need and want.
Alberta should be able to do what it wants with its oil as long as it keeps up its responsibility to Canada (taxes).

 

[big]

Sounds reasonable.

And profits are not to all investors, only to those who are lucky averse risk takers.
http://econlog.econlib.org/archives/2009/10/risk-averse_ris.html

 

[JLM]

Profits should be for enabling companies to give people what they need and want.
Alberta should be able to do what it wants with its oil as long as it keeps up its responsibility to Canada (taxes).

Profits come after people get what they need and want.

 

[Liberalman]

Alberta's dirty little secret is their dirty oil.

Saskatchewan has cleaner oil and with the NDP not ruling the province oil companies can get a better deal than Alberta

 

[AnnaG]

Profits should be for enabling companies to give people what they need and want.
Alberta should be able to do what it wants with its oil as long as it keeps up its responsibility to Canada (taxes).

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