Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Alberta Government: Spending Problem or Revenue Problem

Dan02 · 06-29-2010, 01:59 AM

I think right now it's more of a spending problem, it seems every time a report comes out Alberta manages to be one of the most inefficient provinces and Calgary one of the most inefficient cities in terms of bang for our buck. What's the solution? Hell if I know.

As for the Heritage fund, I completely agree with you. A certain portion of Oil revenues should be going into the fund to build it up for when those revenues are no longer coming in. Right now Alberta is essentially a one trick pony, if we don't use our resources now to prepare for the future then one day maybe not next year, maybe not 20 years, maybe not even 50 years down the road, we're gonna be f'ed

Let's not just look at Alaska but Norway as well. In 20 years they've managed to build a fund worth 443 billion.

I guess the real problem is we elect our government on what they're going to do for us today, not how they're going to set us up for 20 years down the road.

06-29-2010, 01:59 AM	#2
Dan02 Franchise Player Join Date: Jun 2004 Location: Calgary Exp:	I think right now it's more of a spending problem, it seems every time a report comes out Alberta manages to be one of the most inefficient provinces and Calgary one of the most inefficient cities in terms of bang for our buck. What's the solution? Hell if I know. As for the Heritage fund, I completely agree with you. A certain portion of Oil revenues should be going into the fund to build it up for when those revenues are no longer coming in. Right now Alberta is essentially a one trick pony, if we don't use our resources now to prepare for the future then one day maybe not next year, maybe not 20 years, maybe not even 50 years down the road, we're gonna be f'ed Let's not just look at Alaska but Norway as well. In 20 years they've managed to build a fund worth 443 billion. I guess the real problem is we elect our government on what they're going to do for us today, not how they're going to set us up for 20 years down the road.