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The Ontario government made $64M in sales, with $106M in expenses. By comparison, the Alberta government made $77M in sales with $72M in expenses[1]. What's no

The Ontario government made $64M in sales, with $106M in expenses. By comparison, the Alberta government made $77M in sales with $72M in expenses[1]. What's not mentioned in the article is if there's tax revenue seperate from the profits/losses of the government corporation. In Alberta, there were an additional $30M in cannibis taxes not included in their $5M profit. [1]: https://calgaryherald.com/cannabis/cannabis-business/province-rakes-in-30-million-from-cannabis-tax-in-first-six-months-of-legalization https://calgaryherald.com/cannabis/cannabis-business/provinc...

microcolonel 7y ago
Carrying on a long tradition of Alberta having more defensible government in most ways, and having books that are balanced despite the federal parasite of equalization, and a largely natural-resource driven economy (which usually produces extremely crappy government).
- thatfrenchguy 7y ago
  I think you just mean they have oil
- tsherr 7y ago
  Alberta is always happy to take help from the rest of Canada when they need it, but when they are asked to contribute, they fall back on "let them freeze to death in the dark". Alberta lucked out by having oil and even with it, managed to spend everything with very little to show for it. Wait until renewables take off (especially in the auto sector). Then they'll be singing the praises of equalization.
  - microcolonel 7y ago
    > Wait until renewables take off (especially in the auto sector). Then they'll be singing the praises of equalization. Alberta has about 30% as much installed wind power generating capacity as Ontario, and about 30% as much population. Alberta is also better positioned for solar PV [0], and has more capacity (in absolute terms) coming online in each of the next three years than Ontario, and possibly as much or more installed already (hard to find good numbers), despite being only 30% the population. Somehow the oil province is also the renewables province, and the province of good governance. [0]: https://energyhub.org/alberta/ https://energyhub.org/alberta/

microcolonel 7y ago

Carrying on a long tradition of Alberta having more defensible government in most ways, and having books that are balanced despite the federal parasite of equalization, and a largely natural-resource driven economy (which usually produces extremely crappy government).

thatfrenchguy 7y ago
I think you just mean they have oil
tsherr 7y ago
Alberta is always happy to take help from the rest of Canada when they need it, but when they are asked to contribute, they fall back on "let them freeze to death in the dark". Alberta lucked out by having oil and even with it, managed to spend everything with very little to show for it. Wait until renewables take off (especially in the auto sector). Then they'll be singing the praises of equalization.
- microcolonel 7y ago
  > Wait until renewables take off (especially in the auto sector). Then they'll be singing the praises of equalization. Alberta has about 30% as much installed wind power generating capacity as Ontario, and about 30% as much population. Alberta is also better positioned for solar PV [0], and has more capacity (in absolute terms) coming online in each of the next three years than Ontario, and possibly as much or more installed already (hard to find good numbers), despite being only 30% the population. Somehow the oil province is also the renewables province, and the province of good governance. [0]: https://energyhub.org/alberta/ https://energyhub.org/alberta/