Quote:
Originally Posted by Slava
I am curious though, in what way is the oil sand tax revenue a sham to you? I have my own misgivings, but you go first and then I'll tell you my issue with it.
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My issue with oil sand revenue is oil prices have nowhere to go but down. We are already at $100/bbl, you think it's gonna go higher? Also, there're a lot of operational difficulties from the major producers. To me, this is a pre election budget that doesn't tell you we are in a tough time. If and when PC got re-elected, Redford could simply say things didn't turn out too well so sorry, here's the Alberta Sales tax.