Quote:
Originally Posted by Azure
Having a PST would balance out spending by balancing out revenues. Alberta should be putting resource royalties into the bank for rainy day spending and long term investments, not to fund year to year budgets.
Could have $200 billion in the bank if Albertans weren't so stubborn.
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We would have zero in the bank if it wasn't for the cojones of Peter Lougheed.
And if you don't think deliberate Government leadership in economic diversification is important...read up on SAGD. Without the Government risking the investment in the Underground Test Facility (And AOSTRA) the oilsands would be a shadow of what it is today.
That same leadership is needed to broaden the economy so that were aren't hammered like this when the volatile oil prices happen (again...and again).
So put me down for a PST and building up the heritage fund...so sorry if Truck Nuts cost a little more.