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Old 11-19-2008, 10:00 PM   #68
photon
The new goggles also do nothing.
 
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Join Date: Oct 2001
Location: Calgary
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Quote:
Originally Posted by Ozy_Flame View Post
My point is that when I see companies like BP and Shell reaping record profits, I question why the royalty regime is loosening. Frankly it comes down to oil companies making $5 billion in profit rather than $7 or 8 billion.
So they pay taxes on $7 or $8 billion to Alberta rather than paying zero taxes to Alberta since they've moved somewhere else?

We have to keep these companies here if we want to benefit from the jobs and profit they produce.
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