Never mind the fact that it shrunk or stagnated in value due to mismanagement for decades. Oil prices are low and you have a single buyer who hoses you already.
Equalization transfers have cost $67 billion TOTAL since 1957. Less than a billion per year. Alberta collects >$25 billion PER YEAR in royalties. Canada isn’t your enemy here. Your province is addicted to a bad deal. You could have built refineries 50 years ago. That’s not possible now. Imagine how much control of those new facilities would go to unaccountable corporations? It wouldn’t be a good deal and the capex is insane.
The federal govt has been supportive, even under Trudeau, for increasing export opportunities. And you think that will get easier, especially through BC, after secession? Why?
Alberta needed to pivot hard away from oil 20 years ago. The US wont need Alberta crude forever.
Equalization transfers have cost $67 billion TOTAL since 1957. Less than a billion per year. Alberta collects >$25 billion PER YEAR in royalties. Canada isn’t your enemy here. Your province is addicted to a bad deal. You could have built refineries 50 years ago. That’s not possible now. Imagine how much control of those new facilities would go to unaccountable corporations? It wouldn’t be a good deal and the capex is insane.
The federal govt has been supportive, even under Trudeau, for increasing export opportunities. And you think that will get easier, especially through BC, after secession? Why?
Alberta needed to pivot hard away from oil 20 years ago. The US wont need Alberta crude forever.