Alberta Missing Out on Oil Boom

According to the Edmonton Journal, the Alberta gov’t’s revenues from the oil industry is about 19% of total revenue (in 2004, the last available date). The gov’t prefers to keep the percentage around 22%.

I can’t be bothered to assess the study’s methodology. However, the finding should underline how outrageous is the assumption (favored by the NDP, Marxist economics profs at second-rate Quebec colleges, the CBC, etc), that Albertans as a whole are awash in cash because of the oil boom. That is certainly not the case for the average Albertan, and this study indicates things aren’t so simple as far as govt revenue is concerned.