Bill Longstaff: Notley quite correctly accepted the Royalty Review Panel’s conclusions

The Alberta Royalty Review Advisory Panel has concluded its study and issued its report. One of its conclusions, and certainly its most controversial, was, "Alberta’s total fiscal take (including royalties) from crude oil and natural gas wells is reasonably positioned against its most direct competitors." In other words, there is no justification for raising royalties.

Was I surprised?

Continue reading

9 WAYS ALBERTA SHOULD MANAGE RESOURCES BETTER

Sometime toward the end of November, the Alberta government will release their 2nd quarter fiscal update. Finance Minister Robin Campbell will likely tell us that the second quarter was another good quarter but that the good news is coming to an end and the 1st quarter projection of a $3 Billion bonus will be revised.  The reason of course … Continue reading 9 WAYS ALBERTA SHOULD MANAGE RESOURCES BETTER

Continue reading