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Home News Edmonton Journal on Alberta Royalty Hikes in Alberta

Edmonton Journal on Alberta Royalty Hikes in Alberta

This article is taken from the Edmonton Journal.

Nine months after Alberta’s Tory government unveiled its new oil and gas royalty regime, industry execs are still fuming.

In a province where the powerful energy sector has for decades enjoyed a cosy relationship with the ruling Tories, the move by Alberta Premier Ed Stelmach to hike royalties in 2009 marked a major turning point.

For many who work in Alberta’s dominant industry — particularly the influential, well-connected execs who toil in the office towers of downtown Calgary — Stelmach’s move was simply unfathomable.

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