The royalty system for new wells drilled in Alberta after Dec. 31, 2016, is supposed to keep producers’ average returns on investment identical to the existing system, but winners and losers will still likely result, according to financial analysts. The NDP government announced Friday a simplified royalty regime which will harmonize treatment of new oil and gas wells and impose a […]
Prime Minister Justin Trudeau says his Liberal government has Alberta’s back as he prepares to visit the province this week. Trudeau will meet with Premier Rachel Notley on Wednesday in Edmonton and is also expected to visit Calgary. He told a CBC forum on Sunday he’s very aware of the “tough times” facing Alberta — […]
As Rachel Notley faces tough questions from Alberta progressives about her new royalty review, the premier says there might have been a different outcome if oil prices were higher and the province faced fewer market-access issues. “If we were still in a $100-a-barrel environment, I would suggest that perhaps we could have done better as a province, but the fact […]
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