Despite its shortcomings, Canada is not an economic basket case​

[cropgrower]

PP was intelligent enough to see what would happen 3 years ago , and tried to stop the madness when the country was being destroyed

[cropgrower]

They are out of their minds

[sumdumguy]

Isn’t that picture typical?

[chuckChuck]

"In 2022, oil and gas extraction companies made $270 billion in total revenue and $63 billion in profits in Canada, according to Statistics Canada."

Norway has $1.7 trillion in its wealth fund based on its oil wealth.

In Canada we let the petro elites have most of the wealth and the rest is pissed away with the mess left for taxpayers to clean up.

Norwegians are the real fiscal conservatives who know how to manage one time resource wealth.

[shtferbrains]

I don't get the concept of having the highest tax rates in the world including personal income taxes and the government holding huge reserves of cash?

[jazz]

Did you say one time wealth chuck. There is enough oil in Alberta to last until the year 10,000AD. And good news, the temperature will be the same as it is now.

Maybe if we jettisoned the Quebec anchor we could put a few nickels away for a rainy day. How much did hydro and auto biz contribute the wealth fund. A big fat zero. And they never will.

[chuckChuck]

I don't get the concept of having the highest tax rates in the world including personal income taxes and the government holding huge reserves of cash?

Why is Danny Smith in Alberta planning to rebuild the Heritage Fund then?

So if you are a billionaire do you spend it all as fast as you can or do invest it which is what Norwegians do?

[GALAXIE500]

You get what you pay for

We got what Toronto , Ottawa , and Montreal voted for. A decade of total idiocy at every level in this federal government. Another 4 year term of Trudeau , and western separation is going to get real serious in my opinion.

[shtferbrains]

So if you are a billionaire do you spend it all as fast as you can or do invest it

If I gave it to any Government to invest for me they would soon piss it away on crap to buy votes.

[AlbertaFarmer5]

Agreed. But given the current crop of candidates, who would you suggest is more qualified?

It seems Chuck isn't going to respond.

It seems to happen every time anyone asks him a reasonable question in a civil manner, especially if it is a question that has an actual easy answer.

Perhaps we all need to resort to calling him a pedophile along with every question to actually get a response. It worked for Wilton.