Media items tagged with Royalties

Op-eds | April 09, 2012

Royalty reform long overdue

Public share of resource wealth has fallen since Lougheed era

The Wildrose party’s plan to bring back “Ralph Bucks” is the splashiest example from the provincial election campaign that the leading parties appear to be putting the cart before the horse.  Keen to announce plans to spend Alberta’s resource wealth, they have avoided discussion on the integrity of the province’s royalty system.

Parkland Institute | read more »

Tagged with: elections | energy policy | oil companies | oil royalties | royalties | tarsands
For Immediate Release | March 15, 2012

Misplaced Generosity

Alberta government set to forego $55 billion in royalties over next three years

A new report from the U of A’s Parkland Institute says that despite a provincial deficit, the Alberta government will forego some $55 billion in potential revenue over the next three years as a result of overly generous royalty cuts and the government’s failure to meet even the modest targets set by previous administrations.

Parkland Institute | read more »

Download the statement

Tagged with: energy policy | oil companies | oil royalties | royalties | tarsands
Op-eds | February 22, 2012

It’s time Alberta stopped giving away its oil

The Alberta government’s new budget is laudable for its commitment to providing stability to education and health-care funding, and for its reinvestments in some areas of social services, notably increased payments to AISH recipients.

Parkland Institute | read more »

Tagged with: economics | energy policy | Heritage Savings Trust Fund | royalties
Op-eds | February 25, 2011

Tories’ gross fiscal mismanagement sells Albertans short

Government focuses on spending without beefing up available revenues

On the same day that Alberta’s provincial budget was released to the public, oil briefly hit over $103 per barrel. Third-quarter results from the oil patch revealed a doubling or tripling of profits in that sector. And despite the economic downturn in 2009, that year was the second most profitable Alberta’s oilsands operators had ever seen.

Parkland Institute | read more »

Tagged with: Alberta budget 2011 | royalties | spending cuts | taxes
Op-eds | December 05, 2010

Generosity for energy sector, tough times for everyone else

As industry rakes in billions, public services are cut and deficit grows

After a long string of billions in drilling incentives and royalty holidays for the oilpatch over the last two years, the latest provincial budget update recently confirmed the $5-billion scale of Alberta’s expected deficit.  Already enduring a recession and a variety of cuts to public services, Albertans have every reason to expect more of the same from the Progressive Conservative government: generosity for the oilpatch, discipline for citizens.

Parkland Institute | read more »

Tagged with: energy policy | oil companies | royalties
For Immediate Release | November 25, 2010

Misplaced Generosity

New report says extreme oil profits come at expense of government revenue

Despite a provincial deficit now forecast to reach $5 billion this year, a new report from the U of A’s Parkland Institute points out that Albertans have foregone tens of billions in potential revenue as a result of overly generous royalty cuts and the government’s failure to meet even its own modest targets.

Parkland Institute | read more »

Download the statement

Tagged with: energy policy | oil companies | oil royalties | royalties | tar sands | tarsands

 

 
Social media
Site search
Subscribe
 

Be emailed when there's new Parkland research and events.


All RSS feeds

 
Advanced Search »