, Proton2 wrote

Resources in Canada belong to the provinces and not to the federal government. The federal government does not get its revenue from resources. It gets its revenue from:

I can't see a government passing on taxing the sale of the natural resources of the country. Royalties, special tax rates on the companies, property taxes.  Austrailia is another country that does not appear to have a big industrial private sector yet is still wealthy.  Just my opinion. I don't have any facts.