Starting with Klein, the Conservatives cut the earnings of the heritage trust fund to 5% taking everything above into General Revenues where it financed his 10% flat tax. This drained 760. Billion dollars up until Prentice lost the government. On the way out the door, he said “I guess we hit theHeritage too hard”. Kenny recently pulled the heritage to study it. This means he’s looking for a way to get it into AIMCO where he has easy access to it.LikeReply2 Replies2 Replies on John Clark’s commentStatus is onlineJohn Clark YouRetired4h
What he could do is call an election and see what people think of his musingsLikeReplyStatus is onlineJohn Clark YouRetired3h
John Clark The point is, because of the proportion of our income, 90% of the 760 Billion dollars ended up on the Gulf coast. Still another case of the Conservatives looking after US interests before Canada.LikeReplyJoanne Finocchiaroout of network 3rd+Creative | Strategic | Connector4h
Sadly, I think we need to bring in PSTLike
John Clark , I like people who don’t tell pollsters the truth during an election. I don’t.LikeReply
Open Emoji KeyboardBrett Schafferout of network 3rd+Owner/ Leasing/ Land Development4h
Does anybody on here know how Quebec runs a budget surplus yearly……Kent?Like
John Clarkand the program never started till 1972…LikeReplyStatus is onlineJohn Clark YouRetirednow
Brett Schaffer There was a period of support from Ottawa before it was called transfer payments, yes. Further, there was no contribution from the Chase Manhattan Bank as the Wild Rose Party proclaimed. However, the Chase Manhattan bank did pull the Mormon Temple out of hawk for 100,000 dollars.LikeReply
Open Emoji KeyboardAnthony van den Camp, P.Eng, PMPout of network 3rd+Senior Project Engineer / Project Manager at Worley3h
If we didn’t have to carry Quebec then this wouldn’t even be an issue.Like
Alberta received equalization payments until 1947 and again from 1957 to 1965. We got our share of the program when we needed it! It is a Canadian solution so both Harper and the WRP want to end it.LikeReplyBrett Schafferout of network 3rd+Owner/ Leasing/ Land Development4h
Hey Kent, how many billions are transferred from Alberta annually through equalization? Would a stop to this give us a balanced budget? Asking for a friend.🤔Like
There are not billions transferred from some giant fund in Alberta. Any monies used in Transfer payments etc come out of the Federal portion of taxes we pay.LikeReplyEric Henselout of network 3rd+Experienced professional oil & gas constructor, API 1169 Pipeline Inspector , Pipeline Integrity certification, Ground up.2h
John Clark Then Albertans need to stop paying federal tax.LikeReplyShawn (Sniper) Schempp, RSEout of network 3rd+Welder/Operator/Foreman/Contractor… Sniper Welding Ltd. High Level, AB.4h
We can balance the budget and lower taxes by shrinking big government… We are to top heavy in Canada!!Like
Albertans don’t need advice from a Liberal puppet who deserves to be on the unemployment line. Kent had his opportunity to be for the people and blew it.LikeReplyStatus is onlineTRANSCOM Fleet Services Inc.2nd degree connection 2ndPresident – R. Craigen Transportation Coach of Operations & Management3h
De-Fund All Politicians.
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