THE ISSUE Alberta’s Premier Review of 01 NEWS Politics and Government Vitality FEBRUARY/2016 from REACTIONS TO THE ROYALTY REVIEW By Samantha Power Senior Editor: Alexandra Zabjek The release of Alberta’s royalty review panel recommendations in Publisher: Alberta Counsel January was a hotly anticipated event that turned into a missed opportunity to set a new financial course in Alberta. ALBERTA COUNSEL Legal and Lobby Professionals That was the reaction of some policy experts who were dismayed Management Consultants that Alberta’s first new government in 44 years decided to stick with Trade-mark Agents a royalty scheme set by its predecessor. EMPIRE BUILDING “It’s a problem with the panel just listening to the industry and # 301-10080 Jasper Ave. NW reacting to the low price, so it is disappointing,” says Jim Roy, a Edmonton AB T5J 1V9 P: 780-652-1311 senior advisor to Alberta Energy from 1985-1992 and an advisor on F: 780-652-1312 the 1992 royalty review. E:
[email protected] www.AlbertaCounsel.com It is important for the formulas “to be self-correcting so the The News from Alberta Counsel government does get a SAMANTHA is Alberta’s premier review of POWER provincial politics and government proper share. Featured Writer vitality. As an original source of Jim Roy ” Alberta Counsel is proud to political news and commentary, announce that Samantha Power will be a featured writer for The The News will provide a fresh Roy thinks the review’s biggest failure was it didn’t create a mechanism to increase royalty rates in times of higher oil prices.