September 10th, 2025

Oil and gas subsidies great for Albertans who own stock porfolios


By Lethbridge Herald on May 24, 2023.

Editor:

Thank you UCP for not only maintaining but also increasing the value of our fossil fuel companies by not requiring them to pay their land leases, municipal taxes or the costs for the clean up of the ongoing pollution of their tailings ponds and orphan wells. 

By providing these UCP subsidies, my share prices and stock buybacks have done very, very well. I, among all Albertans who own oil and gas stock portfolios, have benefited from this “trickle down” UCP economic policy of taxpayer support for business and corporations. 

I know some people say that all this money would be better spent on reducing hospital wait times, classroom sizes and tuition fees for students. Or by providing low cost housing for seniors, abused women and their children, and the homeless to reduce suffering, poverty, and crime. 

But these are all minor inconveniences that Albertans are eager and willing to tolerate. It’s a small price to pay for living in our great, business-friendly environment of the “Alberta Advantage.”  The only environment that really matters. Right?

So thanks UCP. As a result, I’ll be enjoying an all inclusive on a beach in Costa Rica. Oh, P.S., I almost forgot the free 600 Danielle bucks. That’ll pay for a day trip to the cloud forest -transportation, meals, guide – included. Excellent!

Edmond Rocheleau 

Lethbridge

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