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Mohit Gupta

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Should Canada's provinces share their wealth from their natural resources?

Alberta gets all the taxation revenue from its oil and gas resources. BC gets all the taxation money from mining and logging.

Should this continue? Should the natural resources be controlled and taxed by the provincial governments? Or should the tax revenue be shared by the provincial and federal governments?

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  • Apr 2 2012: An excellent question, one that raises a couple of my own:

    I think the provincial government should benefit from the additional tax revenue from natural resources because it is the province itself that has the shoulder the burden of the environmental and social ramifications of having mining complexes, oil sands, etc.

    On the other hand, if it right for one province to have a windfall while another lives in poverty only because of thier geographical locations?

    Perhaps a mix of both provincial and federal would be best, or have the federal goverment tax everything but devide up the revenue based on environmental damage, development needs of the population on a yearly basis?

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