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2 results found for: economic development and trade

Topics: Energy and Natural Resources Tags: royalty rate

Views: 11
Last Modified

February 1, 1968

Description

The Government's intent in the policy was to provide for the orderly development of the oil sands in such a manner as to supplement but not displace production from the conventional industry.


Views: 306
Last Modified

October 1, 2015

Description

Royalties help fund important programs like health, education and infrastructure. They ensure that Albertans receive a portion of the benefits arising from the development of the province’s energy resources. This fact sheet explains what royalties are and how they are calculated.