You misunderstand the oil industry in Canada.
The federal government receives virtually none of the revenue from oil and gas, so it obviously can't use it to "get rid of the debt."
The Alberta government receives some of the revenue through royalties, but even Alberta has managed to run up $80 billion of accumulated debt.
Alberta governments--conservative for almost the entire history of the province--gave away most of the province's oil and gas assets to foreigners.
Thus, 75% of oil and gas revenues flow to owners and shareholders outside of Canada--mostly the USA.
Alberta could be rolling in dough. Unfortunately, Albertans tend to vote for morons who couldn't run peanut stands. AKA conservatives.
But yeah, tell me again how bad Trudeau is.
yes, Alberta has had useless leaders, they've run deficits for years claiming they were surpluses, much like all gov't now, creative accounting, much like BC's been doing for well over a decade
royalties, yes, pennies on the barrel, gas was where all the money came from for the demented drunk Klien to claim to pay down the debt for 4 short years
feds not getting their cut? hardly
take AB out of federalism, Canada is broke, take us out of the CPP, see what happens
take us out of EI, see what happens
take our tax base out, see what happens
the rest of Canada will look like the east coast
oil/gas is the number one export in Canada
the taxes, from oil/gas companies, not to mention their well paid employees, *(the reason why AB has the highest incomes all the time)
the real reason why we're not rolling in dough in AB, cause we hit over our weight and have been for 50 years, BUT IT GETS SUCKED OUT, BY NUMEROUS WAYS, INCLUDING THE FEDS
Trudeau the first, never heard of the NEP?
people with talk like yours keep mentioning Norway, Norway is a country, with the same pop as AB
it doesn't have 30+ million other leeches taking it's money
If AB had all it's oil revenue to itself, even with the incompetent premiers, it could have easily put away 500 Billion or more
Trudeau is still 5X worse, he's spending at a rate no other PM has outside of wartime, per person by so far it's not even close
Harper was right, Kenney was right, not ready, intellectual depth of a finger bowl
and the "debt" was mostly run up by the NDP in 4 short years in AB
just like the Turd has doubled our federal debt in 5 short years
and has no plan to stop adding, ever
BAD?
THERE IS NO ONE IN THE HISTORY OF CANADA WHO COMES EVEN CLOSE TO BEING SECOND
EXCEPT HIS IDIOT FATHER, WHO LOOKS GOOD COMPARED TO THE SPERM THAT SHOULD HAVE BEEN SWALLOWED