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February 1, 1968
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.
October 1, 2015
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.