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.
Chiefs call on governments to protect Athabasca river
Contaminants and low water levels in the Athabasca River system are impacting treaty rights, finds a new report released today in Edmonton.
The peer reviewed study was conducted with the Athabasca Chipewyan First Nation and the Mikisew Cree First Nation. It examined traditional land and water use, and the impact of contaminants and low water levels in the lower Athabasca River system.
Athabasca River Knowledge, Use and Change
Extraordinary Profits in Alberta's Oil and Gas Industry
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.
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.
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.
A Report on the Athabasca Tar Sands and U.S. Demands for Canada's Energy
The Athabasca tar sands of northern Alberta contain an estimated 175 to 200 billion barrels of recoverable oil — the largest known hydrocarbon deposit ever discovered. This estimate is based on using existing technologies. Using newer technologies, as much as 2.5 trillion barrels of oil might be recovered — but the costs would be enormous.