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Building confidence : improving accountability and transparency in Alberta's royalty system

Description

Report outlines Peter Valentine's recommendations on three areas of the Alberta petroleum and natural gas royalty system. Information includes an oversight of the royalty system; review and... More ≫

Description

Report outlines Peter Valentine's recommendations on three areas of the Alberta petroleum and natural gas royalty system. Information includes an oversight of the royalty system; review and assessment of the Government's business processes and controls; and performance measurement and reporting.

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Our fair share : report of the Alberta Royalty Review Panel to the Hon. Lyle Oberg, Minister of Finance, 18 September 2007

Description

Albertans do not receive their fair share from energy development. The royalty rates and formulas have not kept pace with changes in the resource base and world energy markets. Albertans own the... More ≫

Description

Albertans do not receive their fair share from energy development. The royalty rates and formulas have not kept pace with changes in the resource base and world energy markets. Albertans own the resource. The onus is on their government to re-balance the royalty and tax system so that a fair share is collected. This must be done within an equitable and flexible administrative framework that maintains Alberta's competitive edge for energy investment.

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