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Wednesday, January 04, 2006

Fiscal federalism in Fort McMurray

Paul Wells has a great piece for Macleans on my home town.

Let's pause to tally a few of the issues at play in Fort McMurray-Athabasca. Natural resources. The environment. Public infrastructure. Canada-U.S. relations, because who do you suppose buys most of that oil? The rise of China, because it's a burgeoning secondary growth market. Immigration. "We need another million people in Alberta and certainly 30,000 or 40,000 in Fort McMurray," Jean said.

What else? Fiscal federalism: at the sprawling, otherworldly Syncrude plant north of town, company spokesman Alain Moore pressed into my hands a study showing that the federal government already gets about 41 per cent of the revenues from the oil sands, compared to 36 per cent for the Alberta government.

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