Roy­alty rates re­main rel­a­tively un­changed

The Drumheller Mail - - FRONT PAGE -

Drumheller-Stet­tler MLA Rick Strankman said the re­sults were an­ti­cli­mac­tic, but it did come with some worry.

“Cer­tainly there was a lot of angst and un­cer­tainty caused even by the an­nounce­ment of it, cou­pled by the de­cline of com­mod­ity prices,” he said.

While he is pleased with the out­come of the re­view, he said it goes against a long held stand­point by mem­bers of the govern­ment who ex­pressed Al­ber­tans were not get­ting enough for the prov­ince’s oil.

“Do peo­ple trust this govern­ment? I don’t think so, but through the demo­cratic process they are go­ing to have to see how it plays out,” he said.

Peake also finds it in­ter­est­ing the re­sults of the re­view went against pre­vi­ous per­cep- tions.

“The premier ad­mit­ted to­day that what she’s been say­ing for seven or more years — that Al­ber­tans are not get­ting their fair share— she’s come to the con­clu­sion she’s been wrong the en­tire time,” he said. “I have to won­der how much else is the NDP wrong about?”

While the re­view is com­plete, the pain in the in­dus­try has not stopped.

In my of­fice, I get 5+ brochures a week of com­pa­nies look­ing to sell lock, stock and bar­rel or go­ing into re­ceiver­ship. Prop­er­ties that are ask­ing 10 cents on a dol­lar spent, any­thing is bet­ter than noth­ing. To get out now is bet­ter than not get­ting out at all,” said Peake.

The premier ad­mit­ted to­day that what she's been

say­ing for seven or more years – that Al­ber­tans are not get­ting their fair share – she's come to the con­clu­sion she's been wrong the en­tire time.”

Brad Peake

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