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Old 04-19-2012, 11:14 AM   #2848
Senator Clay Davis
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Join Date: Apr 2012
Location: Maryland State House, Annapolis
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Quote:
Originally Posted by Knalus View Post
Ok, not only do you not know who owns the oil resource, or the way that the transfer payment issues are, you don't know where the petroleum resources are located in the province, nor does it appear you know where your own province is located. If Alberta's southern border was a couple hundred km's south - in other words, we would then own the majority of Montana's oil fields - we would be poor? Cause we were bigger and had more resources???
My bad, should have said Northern border. Dumb moment on my behalf. Lets just say Alberta has no oil and another province does. We would then likely be below the national standard and thus receive equalization money, likely out of whatever province has the oil. So perhaps saying specifically the oil itself is all of Canada's is wrong. But the revenue that oil generates is generally shared by all Canadians through transfer payments.
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