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As Trump pivots to Venezuela for energy, U.S. big oil and big money invest in Canada

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 22652

    #11
    How many tax’s come from windmills and solar panels in that same time period ??
    just curious is all

    Comment

    • chuckChuck
      Senior Member
      • Dec 2006
      • 13439

      #13
      So the wind doesnt blow and sun doesn't shine as much and the water doesn't still run downhill during bad weather?

      Of course the simpletons come up with simple absurd ideas!

      No words or thinking involved in that foolishness from GF!

      Comment

      • chuckChuck
        Senior Member
        • Dec 2006
        • 13439

        #14
        Originally posted by shtferbrains View Post
        I posted this before for you Chuck. If they didn't make money, they wouldn't be here.
        If the government did an Allan Blakney and siezed it all, we would be like Venezuela in a few yrs.
        Much of the income comes from exports, not you.
        How could it be better?
        Kind of like American money reducing the tax u pay?

        Canadian Natural, Cenovus, Imperial and Suncor paid $15.5 billion in taxes and royalties in the first half of 2026. Same period last year, $9.2 billion
        Or we could be like Norway independent and sitting on a very large sovereign wealth fund!

        Again post the oil company profits over the last 20 years compared to how much tax they paid.

        Comment

        • shtferbrains
          Senior Member
          • Jun 2017
          • 5454

          #15
          Norway is a country.
          If Alberta was a country they wouldn't have to send the billions to Ottawa to make disappear.
          They seem to be an attractive place to everyone but you Chuck.

          Comment

          • chuckChuck
            Senior Member
            • Dec 2006
            • 13439

            #16
            Excuses excuses.

            Again post the oil company profits over the last 20 years compared to how much tax they paid.


            Comment

            • chuckChuck
              Senior Member
              • Dec 2006
              • 13439

              #17

              Canada’s oil and gas sector generates massive record-level profits during high commodity price periods, paying billions in corporate taxes and provincial royalties, but critics and advocacy groups argue their effective tax rates remain lower than other economic sectors.


              Industry Profits
              • Surging Earnings: Spurred by strong global energy prices and market shocks, Canadian upstream and downstream oil operations have accumulated tens of billions in annual net income (with industry profits crossing historic highs past $60 billion to near $100 billion during peak spikes). [1 ([url]https://www150.statcan.gc.ca/n1/daily-quotidien/230927/dq230927c-eng.htm[/url]), 2 ([url]https://climateinstitute.ca/fact-vs-fiction-industrial-carbon-pricing-and-canadian-oil-and-gas/)][/url]
              • Shareholder Payouts: Major producers (such as Canadian Natural Resources, Cenovus, Imperial Oil, and Suncor) have allocated a substantial portion of net revenues toward stock buybacks and dividends rather than expanding domestic headcounts or capital reinvestment. [1 ([url]https://www.taxfairness.ca/en/resources/reports/exporting-profits)][/url]

              Comment

              • Grain Farmer
                Senior Member
                • Mar 2025
                • 816

                #18
                Originally posted by chuckChuck View Post
                So the wind doesnt blow and sun doesn't shine as much and the water doesn't still run downhill during bad weather?

                Of course the simpletons come up with simple absurd ideas!

                No words or thinking involved in that foolishness from GF!
                What if sun doesn't shine for a week, like it happens in sask.?
                why doesn't data centers and BHP use wind and solar???
                Dumbass liberal..

                Comment

                • furrowtickler
                  Senior Member
                  • Dec 2004
                  • 22652

                  #19
                  Originally posted by chuckChuck View Post

                  Or we could be like Norway independent and sitting on a very large sovereign wealth fund!

                  Again post the oil company profits over the last 20 years compared to how much tax they paid.
                  Alberta and Sask could yep

                  Comment

                  • chuckChuck
                    Senior Member
                    • Dec 2006
                    • 13439

                    #20
                    You guys heard of backup power generation? Apparently not!

                    Its not one or the other its all of the above sources.

                    Comment

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