[yostrovs]

While in the video he compares the infrastructure provided in a Norway town compared to similar ones in Finland and Canada, he doesn't touch on the underlying financial situations in the three countries. In summary, Norway is loaded while Canada and Finland are not. And that's because Norway has drilled hundreds of billions of dollars of liquid oil over many years that Finland and Canada do not have.

[djkivi]

Alberta has a lot of oil, and even created a fund, the Heritage Fund, in the 1970s to save some of the wealth from drilling oil.

Unfortunately Alberta has mismanaged that fund so it is now far smaller than Norway's.

https://thenarwhal.ca/norway-s-oil-savings-just-hit-1-trilli...

[yostrovs]

Norwegian oil is vastly cheaper to extract and deliver to willing customers than Canadian oil sands.

[Scoundreller]

Canada has that, along with low population density. Ok, about 6 times the population and only 2.5x the oil production, but other resources too (we can actually grow stuff even).

We just prefer the colony model of letting the profits go to anyone but the local government.

[yostrovs]

Norwegian oil is vastly cheaper to extract and deliver to willing customers than Canadian oil sands. Canadian oil requires prices to be close to $100 a barrel to break even.

[Scoundreller]

It requires a lot of energy to extract, but when you’re the extractor of that energy in the first place, your costs ride up and down as your selling price does.

To date, no oil sands operation has shutdown.