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Alberta's government — along with the Rural Municipalities of Alberta, and the province’s energy regulator — say they want to crack down on oil and gas companies that don’t pay their property taxes.
However, while new recommendations are aimed at curbing future instances of unpaid taxes by oil and gas companies, the province said $250 million of unpaid taxes incurred over the years is likely unrecoverable.
A report, released Monday, outlines 17 recommendations from RMA, the government and the Property Tax Accountability Strategy Working Group.
They range from making property tax payment a condition of holding or maintaining an Alberta Energy Regulator licence to making property tax payment a key measure of industry and regulatory performance.
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“What happens at the end of a life cycle of some of these oil fields or gas fields that are not producing the wealth that they used to produce, is that the leaders of those companies often strip off the value and find ways to pay what they prioritize to pay,” [Brian] Jean said.
“And what we need to do is make sure the communication is there well in advance, so that as that starts to happen, we're able to torque up enforcement and take away their ability to continue to operate and take over that situation.”
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https://www.cbc.ca/news/canada/edmon...ment-9.7131039
The fact that the Energy Minister admits this is a thing that has been happening, and they have just let it happen,is disgraceful. This stuff isn't new, and clearly regular enough to be recognized. The Robber Barons make off like bandits, and Albertans are left holding the bag. Do something already. The Useless Conservative Party. So busy tilting at windmills they fail to recognize actual liabilities.