NDP’s Notley promises royalty changes to boost oil refining in province

NDP Leader Rachel Notley says her party would encourage more oil refining in the province if it wins power in the Alberta election.

EDMONTON — NDP Leader Rachel Notley says her party would encourage more oil refining in the province if it wins power in the Alberta election.

Notley says the NDP would establish a commission to recommend a royalty structure to reward companies that add value to the oil rather than shipping it out raw to be refined somewhere else.

The commission would report within six months.

Notley says government studies have shown upgrading oil in Alberta could create 16,000 direct and spin-off jobs and generate $400 million in corporate income taxes.

She also says she would review the overall royalty structure to ensure that Albertans are getting a fair return for their non-renewable resources.

Premier Jim Prentice has said he won’t hike royalties, especially given the downturn in the economy due to low oil prices.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Who is at highest risk of exposure to COVID-19? Firefighters, drivers, pharmacists, cooks

Central Alberta firefighter says virus taking toll on mental health

RCMP facing ‘systemic sustainability challenges’ due to provincial policing role

Federal share is approaching $750 million annually, up from $618 million in 2012-13

LIVE: Procession to honour Snowbirds Capt. Jennifer Casey comes to Halifax

Snowbirds service member died in a crash in Kamloops one week ago

Alberta government website has latest COVID-19 statistics

Red Deer Advocate readers can stay up to date on the COVID-19… Continue reading

N.S. fire crews continue battling ‘out-of-control’ Porters Lake blaze

Word of the fire first emerged early Saturday afternoon

Technology, representation butt heads amid debate over resuming Parliament

The Liberals are now proposing four meetings a week until June 17

Procession for Snowbirds crash victim makes its way through Halifax

The 35-year-old military public affairs officer and Halifax native died in the crash

The latest numbers on COVID-19 in Canada as of May 23

There are 83,621 confirmed and presumptive cases in Canada

Procession for Snowbirds crash victim to make its way through Halifax today

The military public affairs officer died in the Snowbirds Tutor jet crash in B.C. last Sunday

Employers worry about safety, cash flow, second wave in COVID-19 restart

Only eight per cent of employers were fully prepared to restart operations, survey finds

Liberals table proposal for expanded Commons COVID-19 meetings, summer sittings

OTTAWA — The Liberals have tabled a proposal that would see expanded… Continue reading

Most Read