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Pathway :: Home
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Saskatchewan Needs a New Policy on Oil and Gas |
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Contributed by John W. Warnock
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Friday, 24 November 2006 |
Parkland Institute, Faculty of Arts, University of Alberta
Edmonton –
A new report to by the U of A’s Parkland Institute in
conjunction with the Saskatchewan office of the Canadian Centre for Policy
Alternatives (CCPA) calls for significant changes in the way Canada and the
provinces deal with the oil and gas sector.
Selling the Family
Silver: Oil and gas royalties, corporate profits, and the disregarded
public looks at the history of and current trends in energy policy
internationally, and places Canadian policy in that context. The report reveals
that while elsewhere in the world governments have been increasing public
ownership and control of oil and gas sectors and increasing royalties and rent
capture, Canada has gone the opposite direction.
Using Saskatchewan as a
case study, the report recommends a number of solutions including higher
royalties and taxes, increased energy security, direct participation by the
Crown in the energy sector, increased savings, and concrete steps to develop
alternative energy sources.
The report’s author, Saskatchewan-based
political economist John W. Warnock, points out that the Saskatchewan example
illustrates that there are many policies a government willing to protect the
public interest could implement. “The policies proposed in the paper are by no
means radical,” says Warnock. “And in many cases they are policies that have
been implemented with success in the past.”
Dr. Warnock presented some
of his findings at the Parkland conference “Power for the People: Determining
Our Energy Future,” which kicks off tomorrow night at the University of Alberta.
Copies of the report are available on the web at
www.ualberta.ca/parkland or can be requested by phone at
(780) 492-8558.
The
Parkland Institute is an Alberta-wide research network that examines
public policy issues. Based in the Faculty of Arts at the University of
Alberta, the Parkland Institute has a research network that includes
members of most of Alberta’s academic institutions and other
organizations involved in public policy research. The report is also
available on the web site of the Saskatchewan division of the Canadian
Centre for Policy Alternatives: www.policyalternatives.ca
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Last Updated ( Sunday, 26 November 2006 )
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