Quote:
Originally Posted by BlackArcher101
I work in the industry and I think this whole thing is being blown out of proportion. The oil companies have already priced themselves out of Alberta since the cost of services is just too high compared to elsewhere. They are just using the potential increase in royalties as an alibi to fund elsewhere.
They have people that heavily rely on the industry by the balls, and when you say you will move money elsewhere it's called a threat. It's too bad the money they threaten to pull out of Alberta actually doesn't go towards public infrastructure but instead go to projects that they will gain from.
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How much can you expect one industry to take?
First they removed the Alberta Royalty Tax Credit.
http://www.cbc.ca/canada/calgary/story/2006/07/12/oil-credit.html
We did not speak out.
Then there was Alberta’s First Nations Consultation Guidelines on
Land Management and Resource Development September 1, 2006
http://www.international.gov.ab.ca/documents/Albertas_Consultation_Guidelines.pdf
We did not speak out.
Then they imposed a carbon tax.
http://www.canada.com/calgaryherald/columnists/story.html?id=8c3c9760-7cbe-4fab-b00c-1c77243903b6
We did not speak out.
The current government has made it more and more difficult to operate in Alberta. It is losing it “advantage”. Yet, they and many in the general public say it is the “big oil” that cannot manage its business. The reality is they have been staying above water due to good management; yet many want to see how far they can stretch the limits.