Parkland Institute OpEd In Edmonton Journal, Oct 10

Posted on Thursday, October 13 at 09:47 by hoopoe
Some much better ways to use Klein's $1.4B giveaway We could banish poverty, and give children top quality daycare. Now that's a legacy.

October 10, 2005

by Gordon Laxer

Giving out $400 prosperity cheques to each resident is a foolish squandering of Alberta's heritage.

Higher royalties are not like winning the lottery. They are supposed to be paid by petroleum corporations to the provincial government for using up Alberta's natural capital -- the energy heritage that belongs to every Albertan.

For each dollar's worth of non-renewable resource used up, the corporations should pay the owners, that is the public, one dollar as a money equivalency.

The rest of the article can be found at:

Parkland Institute [Proofreader's note: this article was edited for spelling and typos on October 15, 2005]

Note: Parkland Institute

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