Quote:
Originally Posted by IliketoPuck
Their handling of the royalty review is a perfect example. Their initial election platform displayed a fundamental misunderstanding of how royalties work in our province.
But, to their credit, they put together a panel of experts and actually listened to them. End result? They didn't look like complete buffoons at the end of the process, even though the uncertainty injected into the market because of it was completely avoidable and unnecessary.
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I more or less agree with the exception of the length of that review lost Capital investment and even further, as to the point I made in another thread, we still have some of the highest oil royalty rates in the world, perhaps they should have lowered the royalties to encourage investment.
Get that profitability break-even number as low as possible and get people back to work.