Reversing The Royalty Framework: Some Long-Term Economic Implications For Alberta
Andre Plourde, a professor of economics at the University of Alberta and a member of Alberta's Royalty Review Panel, while agreeing that the energy landscape has changed dramatically since the Royalty Review Panel's recommendations were implemented, such as with the advent of economically feasible shale gas exploration, thinks the long-term economic implications of reversing planned rates have not been examined and discussed publicly. In his presentation, Plourde will look at these implications and discuss the reasons why the 2007 framework was put into place to position Alberta for long-term economic prosperity, while keeping Alberta's energy industry competitive.
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