New Mining Royalties: Much ado about nothing

On Monday, the Parti québécois government announced a new mining royalty regime. Its hybrid proposal combines aspects from two types of royalty systems: profit based and ad valorem royalties. In this blog post, we will demystify these ways of calculating royalties in order to best analyze the government’s choice as…
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Selling out our natural resources

In the beginning of December, the Harper government gave its approval to two takeover deals in the energy sector. Nexen is involved in offshore production operations around the world and in oil sands in western Canada. It will now be the property of CNOOC, a Chinese corporation. The second deal…
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No Vale on the Plains?

I had the following comments in yesterday’s front-page story on Vale’s decision to postpone its proposed $3-billion potash mine at Kronau, Saskatchewan: Regina economist Erin Weir, who is widely expected to run for the leadership of the provincial NDP, said in a statement Friday that the Vale announcement “represents a…
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The Benefits of Higher Resource Royalties

The Canadian Union of Public Employees has launched a great new blog, Imagine What We Could Do, about the things that Saskatchewan should accomplish by raising resource royalties. It draws upon a Relentlessly Progressive Economic analysis of how the province could collect more royalty revenue and outlines public expenditure priorities for…
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