Regarding Alberta's New Royalty Framework

  • Jack

    Status: Forum Member

    Posts: 428
    Joined: 22 Aug 2008
    From: Calgary

  • DonCampbell

    Status: REIN™ Member

    Posts: 1,628
    Joined: 23 Aug 2007
    From:

    Please re post it here, it was inadvertently deleted in the other forum and is an important discussion point.

    By the way, I wouldn't be too surprised to see the 'framework' re-opened in 2009.
    Don R. Campbell

    Follow Me On Twitter @DonRCampbell for the latest economic updates.

    For Non-Real Estate Insights visit me at my Personal Facebook Page

    Best-Selling Author of "Real Estate Investing in Canada"
    Real Estate Investing in Canada
      
  • Jack

    Status: Forum Member

    Posts: 428
    Joined: 22 Aug 2008
    From: Calgary

    [quote]
    QUOTE
    Please re post it here, it was inadvertently deleted in the other forum and is an important discussion point.


    Joe Iannuzzi asked that I don't make posts on the Economic Fundamentals board, which is why I've been posting more frequently on the General Discussion board. If it was inadvertently deleted, I checked my profile to see the latest batch of posts I've made and I think it's already been too long since posting that one. So, I think it's gone, unless there's some other way of bringing up old posts.

    [quote]
    QUOTE
    By the way, I wouldn't be too surprised to see the 'framework' re-opened in 2009.


    You're certainly not alone on that thought. I've made posts on the General Discussion board in the last few days which have Murray Edwards bashing it, Gary Leach, and other respected industry participants. The reality is, it makes Alberta a less prosperous place to invest, and it's not like these companies don't have other options.

    Overall, a colossal mistake by Stelmach. By petitioning the study, he gave control to that guy. I bet the last thing Stelmach wanted/expected to happen was for the study to come back saying that Alberta was not getting their fair share. When it came back saying exactly that, Stelmach was essentially forced to act, or else the study would've been crucified by the public as an enormous waste of money. And the whining from some Albertans about "not getting their fair share" would've continued.
  • GarthChapman

    Status: REIN™ Member

    Posts: 1,835
    Joined: 30 Aug 2007
    From:

    QUOTE (Jack @ Nov 15 2008, 08:01 AM)
    You're certainly not alone on that thought. I've made posts on the General Discussion board in the last few days which have Murray Edwards bashing it, Gary Leach, and other respected industry participants. The reality is, it makes Alberta a less prosperous place to invest, and it's not like these companies don't have other options.

    Overall, a colossal mistake by Stelmach. By petitioning the study, he gave control to that guy. I bet the last thing Stelmach wanted/expected to happen was for the study to come back saying that Alberta was not getting their fair share. When it came back saying exactly that, Stelmach was essentially forced to act, or else the study would've been crucified by the public as an enormous waste of money. And the whining from some Albertans about "not getting their fair share" would've continued.


    Well said!
     Garth 
     Diamond REIN member  and Advisory Board Member
      with 3 top-10 awards. 2 Michael Millenaar Leadership Award
    s
     Mortgage Advisor  Residential, Multi-family, Commercial
      Garth's webpage at Jencor Mortgage      email garth@jencormortgage.com

     
    REMA co-creator 
      Real Estate Management & Analysis Software      
    email garth@remacanada.ca
     
                  
Page 1 of 1 (4 items)
Share on Social Networks Close
Facebook Twitter
Details
  • 3 Replies
  • 0 Subscribers
  • 2086 days old