Friday, April 24, 2015
Going Green for Alberta’s economy | Devon DispatchThere are a lot of disconnects in her thinking. The Heritage Trust fund was taken down by more than 700 billion dollars at time when royalty was at 34%. The Conservatives froze the fund at 5% profit taking all above and putting it into General Revenues where it was used as taxes the oil companies being the biggest winners. Our royalty is now zero% having been taken and given to the oil companies directly so they in turn can pay a 15% carbon tax. Prentice says the problem is 2 years long. That's BS we have lost all of our customers! The oil industry is building 1.8 million barrels of storage in Alberta now; that's pessimism!