Quote:
Originally Posted by Flash Walken
This is what I'm talking about. The UCP is just going to spend a ####load of money transitioning the economy again and upsetting the regulatory environment that sees alberta slowly but steadily emerging from a recession.
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This is pure BS. The economy isn't 'recovering' because of the regulatory environment.
Here's potential election outcomes for you:
- UCP wins, CPC wins, Carbon tax abolished in both places, Alberta is more cost competitive with the world in it's most important industry
- UCP wins, LPC wins, Albertan's pay the federal carbon tax, lose some control of how the carbon funds are spent in Alberta, UCP spends money on legal challenges with other provinces. Investment climate with regards to carbon policy stays relatively similar to today.
- NDP wins, LPC wins, Status quo. Investment climate continues to be non-competitive with other global jurisdictions.
- NDP wins, CPC wins, Carbon tax abolished federally, but remains provincially. Investment climate in Alberta is immediately worse relative to other Canadian provinces
and global jurisdictions.
On this one specific issue regardless of federal election outcome, voting for one party has asymmetrically better prospects and the other party has asymmetrically worse prospects.
And BTW with regards to 'diversification' many falsely equate positive oil and gas investment with lower non- oil and gas investment. This is patently false. We have resources, do we develop them to their potential or do we not? If we do, that's jobs and money Alberta reaps, if we don't that's jobs and money that we forgo.