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On 10 Reasons Canada Needs to Rethink the Tar Sands

Yes, exactly. I have written about that in the past. The royalties are paltry - about 10% by the provinicial government and ZERO royalty charged to oil companies by the Canadian government. Here's the article I wrote on it, relying heavily on Norway as an example of how to structure oil and gas royalties correctly (as in to benefit the citizenry, instead of foriegn oil companies): http://www.desmog.ca/2013/02/28/if-canada-oil-rich-why-are-we-so-debt

May 18, 2013    View Comment