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If you do the math, Alberta would donate even more money if it was a US state. It would owe more federal taxes, and since its population tends younger and well
by didibus 1y ago
If you do the math, Alberta would donate even more money if it was a US state. It would owe more federal taxes, and since its population tends younger and well employed, it would get less of it back.
You could say the "benefit" could be that getting approvals for pipelines and higher production of oil might be easier to get in the US. That's really just an "if" though. The Keystone XL pipeline was blocked twice by US government.
What it should have done is adopt Norway's model. It would have half a trillion in savings already if it had, and wouldn't even need oil, as raw investment could finance its budget alone.
But putting all that aside as well. Your average Albertan wouldn't be better off. They'd lose healthcare, education would be more expensive, they'd have a worse retirement fund, and so on. They'd have to pay more tax and get less benefit in return. Plus, there'd be a higher influx of immigrants low balling the jobs and lowering wages.
But it’s not too late to change course. If Alberta seriously committed to a Norway style model now, it could still build a fund big enough to make oil dependence temporary. That alone could justify building pipelines to the coast, use it as a bridge until the Heritage Fund becomes a self-sustaining engine of prosperity. It's a convincing argument for the other provinces, and would be great for Canada overall.
- dismalaf 1y ago> They'd lose healthcare You ever needed surgery? Ever tried to use healthcare for anything non trivial or not immediately urgent? I've lived in BC and Alberta. Things take years in BC, maybe a single year in Alberta, and days to weeks in Europe... We pay into Canadian healthcare but use EU healthcare (while paying more out of pocket)...
- didibus 1y agoI mean, if you're rich, you can also cross the border and pay US prices. Or hop to Dubai and get it done same day. I've lived in both Canada and US and to be honest, I never found it was much better in the US for how much you pay, and for which so many people simply can't even afford it. With the exception being urgent care and routine things definitely have less wait time in the US. But most major thing seem comparable, like maybe a little faster in the US, but like I said not to the proportion of how much more you pay. And the treatment itself, quality, how you are cared for, basically the same. I'm glad to hear it's better in Europe!
- idiotsecant 1y agoYou know how long it takes if you can't pay in the US? Infinity years.
- deleted 1y ago[deleted]