Quote:
Originally Posted by transplant99
You have stated some doozies in the past....but this one tops them all.
Where do you think that the money Alberta pays into the equilization comes from?
Now, in stating that it comes not from government royalties on oil you are correct....but that doesn't cover what the discussion is.
The money paid into the program comes from people and businesses. Many of which are obviously riding the back of oil and gas. So if that goes away, how do they then continue to contribute to the program to allow it to function as it currently does.
Which leads to a very simple answer...but I have a feeling YOU dont want to acknowledge it.
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Since when did I say that a collapse in oil and gas industry wouldn't have an effect on equalization? It would mean that Alberta would receive equalization. Which only proves my argument that Alberta is where it is because of natural endowments. No amount of 'hard work' will overcome that.
Try to keep up.