Quote:
Originally Posted by Muta
Can't that be applied to any business, though? I mean, why shouldn't other companies get breaks to stimulate that development that aren't oil and gas? Now is a great time to start stimulating other industries in Alberta and diversify away from the one-trick oil and gas pony that Alberta is. Lord knows that resource won't last forever.
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Yes, the minimum profit can, and is, applied to every business run in a capitalist system. The problem is in saying that by reducing royalties the government would be providing a stimulus, when in fact it is more like they're removing a hindrance that they put there in the first place.
For my part, I agree that the government should be stimulating other industries to improve Alberta's economy and diversify from the one-trick pony that it is.