Prime Minister Justin Trudeau gives the oil sector $41.6 Billion + in Subsidies
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Making Canada Number ONE in the world for Subsidies
This is what the oil and gas companies give back
The royalties could amount to merely 1 per Cent so
In 2016, Alberta received about $837 million in royalty payments from oil sands Royalty Projects, down from the
$1.4 billion paid in 2015 and $6.1 billion paid in 2014 – a direct result of the drop in oil prices, and their
Impaction net revenues. Because of "Air Barrels"
Oil sands royalties | Alberta.ca
Today it will cost you to clean up Alberta's oil patch? $260 billion
The Cleanup bill is greater than the value
Of the entire oil and gas industry
The Supreme Court of Canada ruled Owners must deal with old oil wells
The government meanwhile has only collected $1.6 billion in liability security from companies so.
The governing Alberta NDP and the official Opposition
Granted Owners until after 2100 to figure out how to clean up their tailings and reclaim the land.
Our Current Outstanding Public Debt of Canada is approximate:
The Government of Canada borrows much of the monies to cover its shortfalls
From the private sector
Rather than creating money through the Bank of Canada interest-free.
Canadian taxpayers have paid one trillion,
($1,100,000,000,000) in interest on the federal debt to private lenders.
This accumulated debt was monies borrowed to service the debt,
Essentially a payment of interest on interest
To understand how ridiculous the present situation is,
Consider the 1993 Auditor General of Canada report
(Section 5.41)3 which states:
[That this is insane] This has to end
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