Danielle Smith: Balancing the budget gets a lot easier if you build a pipeline
As part of the Financial Post's Red Ink series, Danielle Smith weighs in on the benefits of unlocking Canada's energy potential.
The Premier of Alberta discusses the fiscal benefits of unlocking the country's energy potential.
There’s an alternate reality where Canada — rather than engaging in economic self-destruction — had built the Northern Gateway, Energy East and Keystone XL pipelines.
- Building these pipelines would have added about 2.5 million barrels of oil a day in pipeline export capacity.
- At today’s prices, this would generate $55 billion in revenues or more than one per cent of Canada’s gross domestic product (GDP) annually.
Author's summary: Building pipelines can boost Canada's economy.
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