The headlines read: Imperial snubs Alberta workers
250M job goes to South Korea -- and it looks like more will follow
Several billion more!
All of the resource projects are treated cost-plus under this Government. The companies finance the projects and Alberta Taxpayer refunds them every last nickle plus interest on their investment!.
When a project starts to produce oil, they pay Alberta only 1% royalty until the project is totally paid for.
Holidays, overseas flights and get-away are all reimbursed in this manner. The Auditor General pointed out there is not enough staff to audit what is actually billed as project costs. Clearly; a rip off!
Holidays, overseas flights and get-away are all reimbursed in this manner. The Auditor General pointed out there is not enough staff to audit what is actually billed as project costs. Clearly; a rip off!
When the project is fully paid for by Alberta Taxpayers, the resource company starts paying the going rate on the product. Today that is less than 19% Canadian dollars less any agreement discounts for up-graders.
When the books are balanced, you will find that the Taxpayer is paying for the up-graders and there is no return for this large outlay of cash except perhaps for some income tax if the workers don't happen to be American.
For you Albertans that think the Conservative is the only way to vote because of some phobia or cult rendering I say to you, think again and find a new religion.
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