Entries tagged with
royalties
The same ruling party. The same manufactured crises brought into stark relief by a drop in oil prices. The same rhetoric about belt-tightening. The same refusal to look at real revenue solutions that could finally get the province off the oil price roller coaster. Year after year after year.
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.
Misplaced Generosity Update 2012
Extraordinary Profits in Alberta's Oil and Gas Industry
Alberta’s oil and gas industry continues to rake in billions of dollars’ worth of profits while the provincial government continues to run deficits and underfund education and health care services in the province. The report looks at the latest figures for oil industry profits an
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.
Misplaced Generosity
Extraordinary Profits in Alberta's Oil and Gas Industry
A close look at the profits generated in the oil and gas industry, and at the effectiveness of Alberta’s royalty and land lease regimes in meeting Alberta Energy's own revenue capture targets.
Selling Albertans Short
Alberta's Royalty Review Panel Fails the Public Interest
Alberta has been experiencing a boom, and yet many Albertans feel they are being passed by.
Taming the Tempest
An Alternate Development Strategy for Alberta
With over $169 billion in large scale construction projects on the horizon, Alberta’s already overheated economy is only going to get worse.
Selling the Family Silver
Oil and Gas Royalties, Corporate Profits, and the Disregarded Public
The world of oil and gas is split between industrialized consumer countries and their oil corporations, and less developed producer countries, many of which are former colonies. Canada is somewhat unique, as a relatively wealthy country in a close relationship of dependency with the United States, which consumes the majority of our production, and whose oil companies dominate our industry.
Alberta’s ‘Good Enough’ Approach to Fiscal Management
Parkland Intitute's Report on Alberta's Finances 2003
"Alberta's 'good enough' approach to fiscal management" is the Parkland Institute's annual pre-budget report on the state of Alberta's finances. The report examines in detail the province's current revenue structure and recent expenditures with special concentration given to the areas of health, education, and social services.
Giving Away the Alberta Advantage
Are Albertans Receiving Maximum Revenues From Their Oil and Gas?
Alberta's oil and gas resources are free gifts of nature and contribute significantly to Alberta's advantage. But are Albertans receiving maximum value from the sale of our oil and gas resources?