Monday, August 31, 2020

More Alberta Woes

 Found this on the Web recently, castigating the Conservatives for how they've managed their up-to-now main resource and who they insist on blaming for how things have turned out.

"I still hear uninformed Conservatives recite the "job killing policies of the NDP" mantra. Do they not know the facts, or are they just misleading Albertans? Oil royalties made up almost 80% of Alberta's revenue in the 70s. Through 44 years of reducing oil royalties, Getty, Klein, and Stelmach gave away our revenue to Oil and Gas shareholders, and the Conservative donors. Currently royalties are only about 3% of our revenue. Low oil prices kill jobs, not NDP policy. This graph show in spite of low oil prices, how the NDP were creating (tech, and green) jobs in 2017 and 2018) and were reducing our deficit. In their first year, the UCP shed 300,000 full time jobs. The second slide shows continuing increases in O&G production, and steadily declining royalty revenues for Albertans. Conservatives have mismanaged the O&G file. Know the facts:"





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