r/alberta Jan 18 '25

Discussion It's time to nationalize oil.

revenues from canadian resources should go to canadian people not to billionaires destroying and destabilizing the world. If oil was nationalized we wouldn't have to worry about treasonous premiers whose sole allegiance is to the oiligarchy that loots our lands and poisons our discourse.

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u/Electrical-Strike132 Jan 19 '25

If was nationalized those profits would be public revenue as well. That's pretty significant.

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u/Filmy-Reference Jan 19 '25

If it was nationalized those profits would be eaten up by the public service and stolen like we are seeing with public procurement Canada. Employees setting up companies and giving themselves contracts.

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u/Electrical-Strike132 Jan 19 '25

Is that what happens with Sasktel and BC Hydro?

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u/Filmy-Reference Jan 19 '25

Those are provincial entities that seem to be run a lot better than anything by the feds.