Quote:
Originally Posted by Flames in 07
The program does not include direct energy revenue as I understand it, all part of the deal when AB/SK assimilated into the Borg.
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No equalization doesnt specifically include any sector, the feds draw it from general revenues. The problem is that when an industry as large as O&G takes a hit, the revenues the feds collect takes a significant hit. Less money coming in means less money going out. It would be the same if Ontario's manufacturing industry got clobbered.
Oh, and control over our own resources was not something we got when "assimilated". Alberta and Saskatchewan were denied the same constitutional rights the existing provinces were granted until 1929 when Premier Brownlee finally convinced the feds to grant Alberta and Saskatchewan what was already theirs by right. Imagine if we had struck major oil reserves before that time.....