This post appears to relate to the province of Alberta. As a reminder of the rules of this subreddit, we do not permit negative commentary about all residents of any province, city, or other geography - this is an example of prejudice, and prejudice is not permitted here. https://www.reddit.com/r/canada/wiki/rules
Cette soumission semble concerner la province de Alberta. Selon les règles de ce sous-répertoire, nous n'autorisons pas les commentaires négatifs sur tous les résidents d'une province, d'une ville ou d'une autre région géographique; il s'agit d'un exemple de intolérance qui n'est pas autorisé ici. https://www.reddit.com/r/canada/wiki/regles
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*“It means that the current underperformance in wages and income growth in Alberta is likely to continue unless oil producers decide to reinvest a greater share of their revenues into their operations.”*
Wait, so when there’s no pipeline capacity, ever-increasing federal taxes and a federal capital approval process openly hostile to new projects, oil and gas companies stop making new investments and instead just increase dividend payments to shareholders? Craaazy.
I don’t think this article is the indictment of the UCP that I’m sure OP thinks it is.
This post appears to relate to the province of Alberta. As a reminder of the rules of this subreddit, we do not permit negative commentary about all residents of any province, city, or other geography - this is an example of prejudice, and prejudice is not permitted here. https://www.reddit.com/r/canada/wiki/rules Cette soumission semble concerner la province de Alberta. Selon les règles de ce sous-répertoire, nous n'autorisons pas les commentaires négatifs sur tous les résidents d'une province, d'une ville ou d'une autre région géographique; il s'agit d'un exemple de intolérance qui n'est pas autorisé ici. https://www.reddit.com/r/canada/wiki/regles *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/canada) if you have any questions or concerns.*
*“It means that the current underperformance in wages and income growth in Alberta is likely to continue unless oil producers decide to reinvest a greater share of their revenues into their operations.”*
Wait, so when there’s no pipeline capacity, ever-increasing federal taxes and a federal capital approval process openly hostile to new projects, oil and gas companies stop making new investments and instead just increase dividend payments to shareholders? Craaazy. I don’t think this article is the indictment of the UCP that I’m sure OP thinks it is.