Tuesday, May 02, 2006

City of Calgary to gouge taxpayers

The province of Alberta has reduced the amount of education tax they collect. But don't think the reduction will find its way into taxpayers' pockets.

The city of Calgary plans to keep the difference for themselves.


ok4ua said...

The city of Calgary puts a levy of about 3000.00 on all new houses.
Someday Alberta will crash. When the oil is not the way to go. When another source of energy is found. All booming societies eventually crash. Then what? It may not happen in my lifetime but it will happen.

R.S. Porter said...

I, too, have often wondered about Alberta's future. It seems fairly secure at the moment, but what about 15-20-30 years down the road when we, hopefully, have moved beyond oil. Alberta needs to be sure that it invests in developing other markets or it's going to be an interesting future.

Anonymous said...

Calgary Homeowners and Businesses are being robbed by an opportunist Tax Junkie Mayor who would sell his mother if the price was right.

Taxpayers may need teams of Robin Hoods, with bows, arrows and pitch forks.

Alberta Conservative said...

Most oilsands projects currently on production have a reserve life index of 50 years. 95% of the economically viable projects have yet to be developed.

Add to that the potential of Coal Bed Methane for long life natural gas production and Alberta will be swimming in petrodollars for generations.

R.S. Porter said...

Alberta will be swimming in petrodollars for generations.

What's to say that the world will still demand large quantities of oil and gas in 30 years?

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