Just to put the provincial government budget in perspective, here are the top five sources of cash that come into the treasury from what are considered the province’s own sources.
This table is based on the Estimates for Budget 2012. Oil royalties are the major source of revenue by quite a margin. They make up 40% of the province;’s own revenues.
All federal revenues added up to about $600 million in the 2012 Estimates. If you listed the revenue sources by dollar amount, federal revenues would go into the list below right after corporate income tax.
The last column in the table indicates whether the revenue is up or down in the latest forecast compared to the original budget.
Provincial Sources
|
Source |
Share of Provincial | |
| Oil Royalties | 40 | D |
| Personal Income Tax | 17 | U |
| Retail Sales Tax | 16 | U |
| Corporate Income Tax | 13 | D |
| Mining Royalties | 9 | D |
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