this is not going to end well
https://www.bbc.com/news/articles/c0j9l08902eo
https://www.the-independent.com/news/world/americas/us-polit...
this is not going to end well
https://www.bbc.com/news/articles/c0j9l08902eo
https://www.the-independent.com/news/world/americas/us-polit...
The same thing is happening in Alberta. It is unsettling and disturbing
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...
Edit - for those who don't get it, Alberta derives most of its wealth from oil. Successive Liberal governments have both restricted our ability to sell oil while taking significant amounts of money from Alberta in transfer payments. Since Alberta has a border with the US, we have pipelines going south. All the while the Canadian economy has been severely under-performing relative to the US government. The last 2 points naturally push Alberta away from Canada towards the US, without any potential political interference.
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.
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)...