Quote:
Originally Posted by SebC
Until they reach profitability, then it goes up. That's why Redford can project greatly increasing oilsands royalties, and it's not completely nuts. Great post though.
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Oilsands royalties are now considerably higher, and are a big boost to government coffers now, true. But we didn't need them to achieve our current prosperity, even if they are a key to our future. We benefited more from the economic activity rather than the royalties.