2015 Royalty Review Consultation


Status: Closed (December 2015)
Ministry Responsible: Energy

Overview

The Province named chair of the royalty review advisory panel in June.

The work of the panel was guided by a mandate to identify ways to:
  • Provide optimal returns to Albertans as owners of the resource,
  • Continue to encourage industry investment,
  • Encourage diversification opportunities such as value-added processing, innovation or other forms of investment in Alberta, and
  • Support responsible development of the resource.

Public Engagement

The public engagement involved a dialogue with Albertans which took place through the website, LetsTalkRoyalties.ca; community sessions in locations around the province; a telephone town hall; and many meetings with individuals and communities in the private, public and non-profit sectors, it was concluded in December 2015.

The technical review involved the use of three expert groups, aimed at examining specific mechanics of the royalty framework.

To support the technical review, the Panel engaged energy data analytics firms Wood Mackenzie and GLJ Petroleum Consultants, which researched and provided technical, financial and economic data regarding Alberta’s resource development opportunities and those of other jurisdictions.

 Consultation participation

  • 64,927 individual visits to www.letstalkroyalties.ca (agency commissioned site)

  • 7,217 responses to questions asked by the panel

  • 132 submitted documents

  • 65+ meetings with key stakeholder groups, including the energy industry, First Nations, labour groups, financial institutions, universities and students, and environmental organizations

  • 4 public engagement sessions in Grande Prairie, Fort McMurray, Calgary and Edmonton that had 550 attendees

  • 22,710 attendees on a telephone town hall

  • 5 “What the Panel Heard” summaries to inform additional dialogue with the public

 Outcomes

The panel produced Alberta at a Crossroadsexternal link iconand a number of Let's Talk Royalties resources.
Additional documents from the panel on the modernized Royalty Framework are on Open Governmentexternal link iconwith the final report its Alberta at a Crossroadsexternal link icon.

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