Quote:
Originally Posted by crazy_eoj
CEE and CDE both require companies to spend money and then they dont pay tax on the amount they spend until it is recovered.
Eliminating these subsidies generally just means the companies won't invest as much and jobs go down the drain. Nothing will be 'saved'.
Trying to paint it as sending money from Quebec is just ludicrous when Alberta sends billions upon billions of equalization every year. Equalization made from oil investment and production.
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What's actually more appalling about the Quebec situation is that they seem hellbent on preventing a natural gas industry from developing there so more has to be paid on equalization. They too can benefit from CEE and CDE if they allow companies to drill!