If you don't know any better and you head over to the "raise a flag" (the antithesis of Danny Williams lowering the Canadian flags at the legislature) you'll get the distinct impression that Ottawa is actually confiscating our oil and gas revenues. We need to be clear that Ottawa is simply reducing our equalization payments when we have extraordinary oil and gas windfalls.
It could mean hundreds of millions of dollars next year and every year. It could mean securing the financial well-being of this province now and into the future. It means 100 per cent of our non-renewable, one-time energy revenues stay in the province for the benefit of Saskatchewan people, instead of flowing into the federal coffers.
Next year, Newfoundland & Labrador and Nova Scotia will receive about $2 billion. We receive ZERO. We deserve better.
It's clever, but it gives the wrong impression.