Quote:
Originally Posted by DJones
I mean it's both. We've essentially gifted twenty to thirty billion to eastern Canada each year for decades. That would be a hell of a fund to have.
If everyone paid 20 percent more in PST that fund would be massive
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One of those things was under Alberta's control. Regardless how much net tax money went to Ottawa, the province could have invested 100% of royalties in the Heritage fund (as planned) and made up the difference with PST or other policies. I don't know if the fund would be Norway big but it would be pretty huge by now. The excuse that Ottawa takes too much money for us to build a wealth fund is a dodge IMO.
Edit: I'm not accusing you of dodging - you talk about both scenarios. I'm referring to it as a common deflection people use to defend the government's history with the Heritage fund.