- Joined
- Aug 22, 2008
- Messages
- 428
-BC will continue to offer incentives and low royalties for its burgeoning gas sector and may even sweeten the pot to offset consequences of sinking commodity prices, its energy minister told an audience in Calgary on Wednesday.-"The NDP (in a previous B. C. government) thought that if you charged lots of tax, tax everybody at a higher rate . . . that you get more money," Richard Neufeld said in a speech at a suppliers conference organized by the Canadian Energy Pipeline Association. "But it`s proven that if you take a little less, the pie actually grows."
-Gary Leach, executive director of the Calgary-based Small Explorers and Producers Association of Canada, said BC`s measures are paying off by encouraging development of a resource that is in a remote and relatively inaccessible part of the province.
-Leach, who has said the Alberta royalty regime creates an "Alberta disadvantage," said his members tell him many of their exploration and development activities pay far better returns on the BC side of the border.
-Gary Leach, executive director of the Calgary-based Small Explorers and Producers Association of Canada, said BC`s measures are paying off by encouraging development of a resource that is in a remote and relatively inaccessible part of the province.
-Leach, who has said the Alberta royalty regime creates an "Alberta disadvantage," said his members tell him many of their exploration and development activities pay far better returns on the BC side of the border.