Taxpayers will have to pay for pipelines

[chuckChuck]

The tar sands received lots of taxpayer subsidies including really low royalty rates until their capital investment was paid back. Taxpayers paid for a significant share of the capital investments.

If a pipeline to the northern coast has a viable economic show us the business case without subsidies.

Provincial governments who support the free market and are open for investment shouldn't be picking winners and losers like they do in Alberta.

Renewable investment was on a tear but Danny made up some phony rules for political reasons to slow it down.

[furrowtickler]

Show us the business case to support the EV industry in Ontario without subsidies….

[furrowtickler]

Oh, right there is no EV industry in Ontario

[chuckChuck]

So you don't mind subsidies to oil industry and agriculture but nobody else should get subsidies?

[furrowtickler]

If an industry creates massive wealth for the economy way beyond the subsidies, it’s not a bad thing

[ajl]

It amazes me that northern shitholistan is chock full of fools that believe that lower royalty rates is somehow a subsidy when in reality a low royalty rate is simply a lower tax rate. This is why canuckistan is completely disfunctional.

[goalieguy847]

Welll..... royalties are more so a subsidy than taxes. . Taxes are on the net revenue..so thats money after all the write offs are taken off, where royalties work off of gross revenue ( through royalty projects like the oil sands) and are on a sliding scale ( 1 to 9%) depending on price of oil.

So a royalty comes off regardless..

But if a company say brings in 1 bilion in GROSS revenue but then had 1 billion in, say exploration cost and salaries etc, then their net revenue would be 0...thus allowing them to NOT pay any tax.


lowering the royalty rate isnt technically a subsidy, but its more THAT then it would be lowering business tax rates.

In essence.. a royalty on oil is paid regardless of end revenues. Its paid at point of delivery to a refinery or end point pipeline ( etc).

So youre not wrong..but definitely more wrong than right.

[chuckChuck]

Low royalty rates are an incentive which is a form of subsidy.

[shtferbrains]

Why should taxpayers expect governments to pay for pipelines?
Canadian pipeline companies, some of the best in the world, are building lines right now.
Just not in Canada.
Enbridge built a line in Mexico, similar length to the proposed line here, in 2 yrs.
Why does it take so long for anything to happen here?
Is that industries fault?
If they can't fix the basic problem, it won't get better.

[chuckChuck]

Carney is welcoming China's investments in energy which signals that a pipeline is possible if it has a good economic case.

tRump arrogantly says he doesn't need anything from Canada. Of course he is wrong and will continue to get oil but at what price?