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Originally Posted by MoneyGuy
I think that every dollar rise in oil prices means $500 million into Alberta coffers? I recall reading that.
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https://financialpost.com/commoditie...alberta-budget
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Every $1 jump in the price of oil over the course of a year will increase provincial revenues — through royalties, higher corporate taxes and personal income taxes — by $400 million to $500 million, Tombe estimated.
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Recollection test - Passed!!!