Excellent report by Canadians for Tax Fairness on the economics of the western oil industry, since 2021. 60% US owned, 26% Canadian. Over 3x more taken in profit than paid to AB labour. Minimal investment of $15B in recent years.
Why should Canadians accept grand national scale projects to make this situation even worse? Why should only US and Chinese companies be getting the sweet deals?
https://www.taxfairness.ca/en/resources/reports/exporting-profits
#cdnpoli
John Francis 🇨🇦🦫🍁
npub1lu…c8056
2025-10-22 18:28:15 UTC
Author Public Key
npub1lud8mfn66xdqecadrv4dp4zs2caa63q8rkz9vrkzt8yucujx06aqkc8056Seen on
wss://relay.momostr.pinkPublished at
2025-10-22 18:28:15 UTCEvent JSON
{
"id": "731a07d10d18b94643713d01f928dae4fff1fb2cb70a960a2f94ef6db5181625",
"pubkey": "ff1a7da67ad19a0ce3ad1b2ad0d450563bdd44071d84560ec259c9cc72467eba",
"created_at": 1761157695,
"kind": 1,
"tags": [
[
"t",
"cdnpoli"
],
[
"proxy",
"https://cosocial.ca/@johnefrancis/115419230701869981",
"web"
],
[
"proxy",
"https://cosocial.ca/users/johnefrancis/statuses/115419230701869981",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://cosocial.ca/users/johnefrancis/statuses/115419230701869981",
"pink.momostr"
],
[
"-"
]
],
"content": "Excellent report by Canadians for Tax Fairness on the economics of the western oil industry, since 2021. 60% US owned, 26% Canadian. Over 3x more taken in profit than paid to AB labour. Minimal investment of $15B in recent years.\n\nWhy should Canadians accept grand national scale projects to make this situation even worse? Why should only US and Chinese companies be getting the sweet deals?\n\nhttps://www.taxfairness.ca/en/resources/reports/exporting-profits\n\n#cdnpoli",
"sig": "5369bd10469c81fb7717168b1aa3512ddb5c4ab86a7df172d41addc18e5d64cb1791b73de096997f4f2d9ccb0cc5df1e3c54e16abae066eaaab09ad12872cd7a"
}