Quote:
Originally Posted by Senator Clay Davis
But in a way the oil is Canada's as a whole. Without the oil in this province there would be no outgoing transfer payment issues, but another province would have the oil, and we'd be the ones begging for transfer payments. If Alberta's eastern border was 50km west or southern border a couple hundread kms south, this province would likely be as poor or poorer than Quebec.
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Alberta is not benefitting as much now from conventional oil and gas reserves that you allude to in the surmised borders given in your post.
The fact that the oil sands have been developed substantially and huge amounts of crude have come on line from the oil sands is the main contributing factor to Alberta's positive economic fortunes.