Quote:
Originally Posted by Makarov
In 2012, Ontario's total revenue, subtract federal transfers and non-renewable resource revenues, was 90.5 billion dollars (SOURCE: Government of Ontario). Ontario's population in 2012 was 13.5 million. Therefore, Ontario's per capita non-renewable resource revenue in 2012 was ~ $6,703.
In 2012, Albeta's total revenue, subtract federal transfers and non-renewable resources revenues, was 24.2 billion dollars (SOURCE: Government of Alberta). Alberta's population was 3.8 million. Therefore, Alberta's per capita non-renewable resource revenue in 2012 was $6,368.
Considering the higher cost of delivering services in Alberta, it seems clear that Alberta does indeed have a revenue problem. On the other hand, the WRP clearly has an "intellectual honesty" (to borrow a popular expression on this forum) problem.
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Are we not spending the non renewable resource revenue?
If we were saving it or something, I could see excluding it, but it's hard to argue we're spending too little when we're spending nearly the same as other provinces, plus another approximately 12 billion excluded from the quote above, I assume out of bias.
That works out to over 3000 per person per year. But that money doesn't count, even though we're spending it.