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Tuesday, April 26, 2011 

Alberta's Conservative Government Takes In More Revenue From Casinos Than From Entire Oilsands Industry!

Here's an example of Conservative priorities - both in the Tory Motherland of Alberta and in the PMO in Ottawa. Stephen Harper's government gives billions in tax cuts and taxpayer funded subsidies to the Oil Industry in Canada. As a nation, we seem to bow and scrape to ensure that the fortunes of large oil companies (and large banks) are highly profitable. Apparently, working Canadians are somehow supposed to benefit from national Corporate Welfare. I paid $1.26 a litre today for some gasoline. Enough is enough!

"Alberta will take in more money from gambling than it will from oilsands royalties, according to provincial budget forecasts for 2009-10. Oilsands revenue is expected to drop to about $1 billion this year because of the global recession, but gambling revenue will remain steady at about $1.5 billion, according to the forecasts. Charities are expected to directly collect another $325 million from gambling revenue, mostly through volunteering at casinos."
CBC online

Off topic but I couldn't find a direct link to you.

Take a look at this story:


It seems Denmark is being billed 145 billion kroner for 56 planes. I make that out to be about 480 million Canadian dollars per plane. Somebody please tell me I've miscalculated.....

Ok that works out to $26 Billion CDN dollars for 56 planes.

Canada is buying 65 and the ones we are buying will have no engines in them, (I suppose so Harper can pick which Canadian city gets to build the engines as a political perk).

I'll do some math and get back on this in due course


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