Production Costs Hampering Energy Companies' Appeal to Investors [View article]
The high royalty rates may not have kicked in, but the message to investors that the Alberta govt will not allow you to make profits without taxing them away is very clear. The market tanked last spring when it became clear that Alberta couldn't keep its hands out of the cookie jar. You can't tax your way to prosperity but you can tax yourself out of it.
Canadian Royalty Trusts: Cash in On High Oil Prices [View article]
What sand pile has your head been hiding in? Most royalty trusts tanked when the Alberta govt. raised taxes last month. HTE has dropped a third of its value. Just goes to show what happens when you trust a farmer that says he won't raise taxes. I guess its like an alcoholic saying he won't drink. The royalty trust investments are a cooked goose. Your article is just socialist spin. When govt. takes the profit whats left is no investment.
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Latest | Highest ratedProduction Costs Hampering Energy Companies' Appeal to Investors [View article]
Canadian Royalty Trusts: Cash in On High Oil Prices [View article]