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Originally Posted by heep223
What a weird comment. I hope I am just misinterpreting.
Royalties come off the top of revenues, and just like any other cost, have a significant impact on project economics and investment decision-making.
Petronas just the other day cited Trudeau's knee jerk GHG emission policy changes as a reason that they're probably going to walk away from the LNG project that they've already sunk $10B into. Ten billion.
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Meh, no biggy, how many billions in infrastructure are the feds going to spend to prop up the economy? And in the end tax payers would actually be footing that money, which is better, right?