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Pembina Pipeline Corp T.PPL.PR.G


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, and storage in key market hubs in Canada and the United States for crude oil, condensate, natural gas liquids and natural gas. The Facilities segment includes infrastructure that provides Pembina's customers with natural gas, condensate and natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities including buying and selling products, commodity arbitrage, and optimizing storage opportunities.


TSX:PPL - Post by User

Comment by Albatrosson Jan 30, 2022 7:48pm
308 Views
Post# 34376790

RE:RE:RE:RE:RE:Equalization

RE:RE:RE:RE:RE:Equalization

I have no axe to grind but you missed my point entirely friend

https://nationalpost.com/opinion/peter-holle-artificially-cheap-hydro-power-your-equalization-dollars-at-work/wcm/59da1243-121d-4ebd-a4f0-ce56afdac14e/amp/
 


read the article. It will enlighten you as to how a province can make themselves appear have not. Perhaps Alberta should sell itself $20 oil so it can report less relative GDP and therefore recieve more equalization while also benefitting its people. It is essentially what Quebec does with artificially low energy prices. 

I fully understand how the federal government gets its money from taxes. What you don't understand is that they don't redistribute based on those salaries. They redistribute based on a provinces GDP (per capita). So if a province can lower (artificially) its GDP then it can benefit greatly from equalization. And that's how you game the system sir.

It's like as if I somehow find a way to write off my home expenses on my income and somehow show I have $0 while earning 100k. I would be gaming the system, of course I would be audited. Unfortunately our federal government has no balls to call out Quebec for its shenanigans 

 

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