Alberta to cut royalties
Alberta is to cut oil and gas royalties after finding that it has lost its competitive advantage among Canadian energy-producing provinces, as well as in comparison to the US...
The Alberta Government has passed a new bill, Bill 48, under the Crown's Right of Recovery Act, which would enable it to join other provinces in suing tobacco firms to recover billions of dollars which are spent every year in smoking-related healthcare costs, and over allegations of misrepresenting their products to the public.