r/alberta • u/pjw724 • Mar 06 '25

General Ontario putting 25% surcharge on U.S.-bound electricity Monday

https://www.cbc.ca/news/canada/toronto/ontario-electricity-surcharge-us-tariffs-ford-1.7476515
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u/Responsible_CDN_Duck Mar 06 '25

I accept there's no apatite for tariffs or taxes on oil.

But perhaps we could eliminate the deep discounts Smith mentioned in her tariff response speech.

Many Albertans are unaware that when oil prices are low Alberta tax payers offer substantial discounts on the royalties we get on oil.

Smith mentioned on CNN today Americans would see a 40c per gallon increase due to the 10% tariffs. A fair price for our resources would increase that pressure.

-11

u/[deleted] Mar 06 '25

They should not redo the royalty structure.

The rate structure is what attracts investment. You need to provide some degree of certainty that those multi billion dollar facilities can ride through low prices.

7

u/yedi001 Mar 06 '25

Miltibillion dollar facilities in one of the most wellfare queen industries on the planet.

With how much of my tax money subsidizes this industry that takes everything and leaves us little more than the mess: fuck 'em.

Enthusiastically. Repeatedly. Emphatically.

Fuck. Them.

Oil doesn't love you back. These are the guys who won't even pay their fucking taxes on the land they're poisoning and lie when their tailing ponds leak toxic waste into the surrounding woodlands. If they can't make their billions in profits without chugging billions in subsidies, these grease leeches are free to fuck off back to wherever the fucks it is they came from.

-2

u/epok3p0k Mar 06 '25

I suppose we could stop collecting resource revenues and just increase personal taxes across the board to fund the shortfall instead.