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by FatherOfCurses 36 days ago
Confederation isn't a business transaction where everything needs to zero out every year.

Alberta's strong financial position today is thanks to all the work the rest of the country (private or public) put into building the infrastructure and economy - prospecting, railways, roads, military bases, etc.

Albertans may pay more taxes to the federal government than they get back in services but thanks to oil they probably have a positive trade balance with the rest of the country.

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There is also zero guarantee that in 50 years Alberta won't be in a worse revenue situation than its neighbours and needing equalization. In fact it's likely.

Not just because there's the off chance that human civilization decides burning hydrocarbons is a really bad idea. But because Alberta is profoundly vulnerable to drought and water shortage due to deglaciation as a result of climate change.