Can we compare the current royalty regime to a bad real estate agent? >
When he was younger, Max Fawcett wanted to make a mint in the markets. Now as the managing editor of Alberta Venture he gets to write about them. Close enough, right? He can be reached at mfawcett@albertaventure.com
We’re in the process now of putting together our annual “Best and Worst” feature for the December issue and, oh, what a year it’s been. Choosing our top 10 business stories of the year has never been so competitive. Do you go for the arrest of Calgary’s $400-million Ponzi schemers or Capital Power Corporation’s $500-million initial public offering? >
Jim Roy was the architect of the royalty system that helped revive the oil and gas industry in the 1990s. Now he thinks Albertans are getting shortchanged – and it’s only going to get worse. >
A confluence of conditions has battered oil and gas drillers this past year. But a new sector looks ready to emerge from the downturn >
Q: Albertans have recently expressed concerns that the province may not be getting its fair share of oil and gas revenues. Does the royalty regime need to be changed? Should the 1% royalty holiday enjoyed by oilsands companies – which was introduced to spur development – be eliminated now that the oilsands are booming? >
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