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Originally Posted by belsarius
Not at all. Show me any district build on oil revenues that is having a good time and full of investment? In Canada NFLD is on tidewater and doing worse than Alberta. Sask has slightly more rigs in operation but they also have different crude.
Whether you like it or not industry leaders stood with the NDP on the carbon tax. On urging by CAPP they let companies start new projects under the revamped royalty system instead of waiting till Jan 1. The NDP aren't making Alberta a joke. You may not like some or all of their policies but its not as bad as you make it out to be.
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Why do you think the industry came out and lent tempid support to the Carbon Tax? Maybe because this is a government with a duel threat of more royalty reviews if times ever return to decent and the ability to arbitrarily raise business taxes.
These are also the heads of an industry that have laid off thousands due to both the decline of Oil prices and the unfriendly taxation increases corporately.
Of course they came out in support of a carbon tax probably because if they didn't the NDP would have buried them under regulations and taxation in combination with the carbon tax.