Quote:
Originally Posted by CaptainCrunch
That'll probably completely kill any kind of investment in Alberta as its a sign that the Government isn't going to do anything to support the O/G + Energy sector. Its already impossible to get investment happening due to things like 48 and 69 and their poor response to Kinder and other reasons.
By basically saying your going to create what would be pretty much a welfare state you'll kill any inflow of money.
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Giving money to O&G will get you pennies on the dollar for the investment that getting pipelines East and West will... but this government has proved completely inept at pushing that through. If the government is willing to set up other programs or help invest in other sectors... I say take what you can get and it would probably go farther than just handing out a million dollar cheque to every oil company.
Some tax relief would help and maybe thats a middle ground.
Its s tough situation. We are really painted in a corner right now.