Alberta has long been a puppet of the oil and gas business but Kenney’s compulsion to deliver benefits to this private sector is unprecedented. It is as if Alberta’s right wing government looked at what Norway has been doing and decided to do the exact opposite. In the first 13 weeks of the 2019-20 fiscal year, Alberta’s Heritage Savings Trust Fund declined by $156 million to $18 billion. In the last eight weeks, Norway’s wealth fund increased by C$55 billion, a rise of 4% to C$1.46 trillion.
Charles Adler believes we should speak clearly. However, he said nothing about speaking accurately, a quality not always compatible with political propaganda.
Committing billions of taxpayers’ dollars to ensure the public carries all economic risks of the Trans Mountain project is not only financially unsound, it requires a commitment to climate change denial similar to that of Trump’s EPA assassin Scott Pruitt. The positions of Canada and Alberta show absolute ignorance of today’s economic world…
Norway sets aside proceeds from oil and gas production and now has an investment fund worth 8,140 billion NOK, which is about $1.3 trillion Canadian. Given the present population, that’s more than $250,000 for every man, woman and child.
A new approach: “We can work together. We can disagree without being disagreeable. Today, our political and party system cries out for renewal. We can listen to each other and build on […]
Andrew Nikiforuk wrote advice for Albertans in his recent article Eight Steps to Reform the Broken Petrostate: Behave like an owner: Alberta’s oil and gas resources belong to Albertans. The Tories’ “strip […]
Following the passing of Alberta’s Conservative party, Macleans writer Colby Cosh described a drawn-out illness that made the result inevitable. Followers of British Columbia politics will recognize symptoms also found west of […]
//storify.com/Norm_Farrell/natural-resources-different-approaches/embed?border=false//storify.com/Norm_Farrell/natural-resources-different-approaches.js?border=false[View the story “Natural resources, public assets, or corporate?” on Storify]
Alberta Conservative Leader Jim Prentice & NDP Leader Rachel Notley From Malcolm Mayes, Edmonton Journal:
Birds Boats Lake Off-Roading Rivers Scenic Drives Louis Helbig aerial art photography Big City Life
Stephen Harper’s Northern Gateway pipeline parody, National Affairs Columnist Thomas Walkom, The Star The federal government’s claim that big-money foreign interests are trying to hijack hearings into a proposed west coast oil […]
In a demonstration of ultimate irony, Ethical Oil, which shills for the international petroleum industry, complains about environmental groups receiving a tiny portion of their funding from outside Canada. Where does the […]
Dr. David Schindler, University of Alberta: Every year that you can get away with lack of regulation, is a few billion more bucks in your pocket. After 40 years, I’m pretty sick […]
1,538 km in length, the Athabasca River is Alberta’s longest undammed river and its second largest by volume. The river drains the 159,000 km² Athabasca River Basin before eventually flowing into the […]