to cite one of many examples, in 2022, the $25.7 billion deficit the trudeau government recorded, was 36% lower than the $39.9 billion it would have been without alberta’s outsized contribution to the federal bottom line.
demonstrably, a strong alberta economy makes for a strong canadian economy, which is why the trudeau government’s attack on canada’s oil and gas sector over the past decade as part of a virtue-signalling and failed campaign to lower our industrial greenhouse gas emissions to impossible-to-achieve targets was a $200-billion-plus (that’s ottawa’s figure) disaster.
true the feds bought one oil pipeline that started shipping a small amount of our vast oil resources to asian markets in 2024, while canada’s first large-scale liquid natural gas operation in b.c., began exporting a tiny portion of our vast natural gas resources to global and asian markets last year.
but that was overshadowed by trudeau’s bureaucratic attack on canada’s oil and gas sector as federal election after federal election was decided, long before the votes were counted in alberta.
everything from the oil tanker moratorium act, to the impact assessment act, to the net-zero emissions accountability act, to the oil and gas emissions cap, to the clean electricity regulations, to the methane regulations, and on and on.
even prime minister mark carney — the leading global corporate advocate for higher carbon taxes before becoming pm — admitted that what he had inherited was “too much regulation, not enough action” with a lot of talk “and then nothing happens.”
carney has started dismantling some of it to, he says, boost our economic growth and productivity at “speeds not seen in generations” but there will be no quick fixes.
the frustrations of albertans are legitimate. let’s stop pretending otherwise.
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goldstein: albertans are frustrated with being canada’s cash cow