Our Northern Neighbor Moves to Cut Energy Taxes/Regulation to Boost Its Economy, But Not the U. S.
Canada believes less regulation, less taxes, and less debt will boost its economy, while the United States is doing just the opposite
By Institute for Energy Research —— Bio and Archives--May 30, 2012
Global Warming-Energy-Environment | Comments | Back To Full Article
The United States should start taking lessons from Canada regarding oil development and its relationship to a pro-growth regulatory and tax structure. Canadian production of oil sands in northern Alberta is expected to reach 4.1 million barrels a day by 2020, up from last year's production level of 1.6 million barrels per day. This area in Canada is the world's third largest crude oil resource.[ia] Unlike the United States, Canada's budget treats its energy resources as assets that should be used for the public good.
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