Alberta to announce new oil and gas royalty framework on Friday in Calgary
CALGARY — Alberta Premier Rachel Notley will unveil the province’s new oil and gas royalty framework on Friday.
The announcement will take place in Calgary, a city that’s seen scores of job losses as a result of the crude oil price collapse.
Industry players have warned the NDP government against making any changes that would add to the pain during the downturn.
The policy will be based on recommendations by a panel headed by Dave Mowat, head of Crown-owned bank ATB Financial.