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Others manage their resources more effectively
To the Editor,
Last month I read that every Norwegian is worth $1 million kroner or about $180,000 while every Canadian is in debt for about $17,000 as a result of federal mismanagement of our revenues. These sums are not personal money but represent the wealth or indebtedness of respective federal governments.
Norwegians enjoy universal day care, excellent health care, free university education and five weeks of paid vacation. Canadians can’t afford these benefits.
Norway owns 70 per cent of its oil production and exacts very high royalties on the oil produced by foreign oil companies. What royalties do we exact from the oil producers digging the bitumen from the oil sands? Are our governments working for Canadians or the oil companies?