Pursuing the Pipeline Pipe-Dream
Prime Minister Harper’s view that Alberta’s tarsands will be the economic motor for the Canadian Energy Superpower is starting to unravel. Alberta faces a $6 billion revenue shortfall and will face a $4 billion deficit. Last year it predicted “only” an $800 million deficit. Premier Redford can’t displace responsibility on to a shortage of pipelines, for Alberta’s budgetary calculations can’t be based upon hypothetical scenarios. Nor can Saskatchewan’s, which projected a $95 million surplus, which has dropped to $9 million.
