Fraps78

[Fraps78 @danfrappier]

@SeriouslyDWiB @MPelletierCIO Nah, that’s not it. The bulk of the 20 million U.S. visits a year come from Canadians living less than 90km from the border.

Canadians are choosing to stay home or travel elsewhere, but many still go to the U.S. - it’s only down 30-35% overall

[Fraps78 @danfrappier]

@SeriouslyDWiB @MPelletierCIO The internet? Just google it lol

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 Let’s say I agree with your Alberta number here.

How does Ontario, with an economy 2.5x larger, who has only received ~18B in equalization since 2007 only paid 55B?

We aren’t talking about the equalization formula, I am asking about the money collected prior to equilization

[Fraps78 @danfrappier]

@SeriouslyDWiB @MPelletierCIO They are travelling elsewhere. Travel is up in Europe, Carribean, Mexico etc

[Fraps78 @danfrappier]

@YukonStrong Yukon only has 40,000 people, with 40% government employees, they need welfare.

Newfoundland is a resource depended province, and goes through boom and busts. Like any other province, is also at the mercy of poor decisions from the government

[Fraps78 @danfrappier]

@YukonStrong Massive amount, with almost zero production. I love Yukon, loads of potential but as far as resource development goes, it’s minimal.

Pretty sure you guys couldn’t survive without the 2B a year from the federal government.

[Fraps78 @danfrappier]

@YukonStrong Buddy, you’re talking about Yukon. Beautiful place, but it’s a territory, and one that leans on the rest of Canada.

Your argument is laughable.

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 Again, I’m against how equalization is distributed. My argument is that Alberta doesn’t pay for everything.

If Ontario pays 7B into the equilization fund and gets back 500M, and Alberta pays 2B into the fund but gets nothing.

Who pays more?

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 Show me the math. Start from Alberta’s 360B economy, to federal taxes, down to equalization formula.

I’ve shown stats, you’ve given opinions

[Fraps78 @danfrappier]

@Rory_Johnston But I thought wars were for Fridays?

[Fraps78 @danfrappier]

@MarketManiaCa Maybe you need to work harder

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 I disagree with the formula and how the money is distributed

But when Albertans say they pay everything, it’s just a lie. Albertans share of the equalization formula is less than Ontario’s, Quebec’s and maybe British Columbia

We all pay into it, then the money is redistributed

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 I’m not disputing the formula, I’m disputing that Alberta pays for everything.

Your share of equilization is 4.7% of 60B in Federal taxes collected from Alberta. How that 4.7% can be distributed is a whole other conversation.

[Fraps78 @danfrappier]

@davy_declas17 @CdnAngel1970 @Marielaina3 lol Alberta doesn’t pay other provinces. Doesn’t matter how much you say it, it’s not true

Alberta is 360B out of 2,400B Canadian economy.

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 Of course, it’s taxed federally at the same rate as tech companies, gold mining, fisheries, wal mart etc.

Minus any subsidies of course.

The formula isn’t the problem, the lack of support to the oil and gas industry to build out has been the problem.

Alberta isn’t special

[Fraps78 @danfrappier]

@YukonStrong Yukon lol.

[Fraps78 @danfrappier]

@Marielaina3 Leave 😂

[Fraps78 @danfrappier]

@YukonStrong Most of the conservative seats are found east of Manitoba.

Also with respect to equalization, we all pay the same federal tax rate. 4.7% of that is redistributed to provinces.

[Fraps78 @danfrappier]

@CdnAngel1970 @Marielaina3 We all pay the same federal tax rate, 4.7% of the revenue is used for equalization.

Example - Federal taxes Collected
Ontario - 150B
Alberta - 60B

You can multiply that by 4.7% and let me know what you think.

[Fraps78 @danfrappier]

@TerryHethering9 I’m pretty sure you don’t know what that means