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Old 10-31-2019, 09:01 AM   #4296
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Bring_Back_Shantz View Post
Look, I was about as vocal as could be regarding the royalty review when it was announced, I thought it was a terrible idea.
That being said, I think what they came up with was a much better system, and is actually structured in a way to encourage investment in all Alberta basins, not just a chosen few.

Complain all you want about the timing of the review, but doing so without acknowledging that they ultimately got it right and implemented what is ultimately a better system for investment, is either ignorant, or willfully ignoring a positive outcome to make a point.
They may have gotten it right at the end of the day, and of course that's positive. But it's also undeniable that the review itself drove investments elsewhere.
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