The Canadian Press

2015-06-26 | Alberta Royalty Review

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The head of Alberta's Crown-owned bank will lead the review into how much money companies must pay the provincial government to extract oil and natural gas. Dave Mowat is president and CEO of ATB financial. He says it's daunting challenge, but also a great opportunity to help Albertans understand such an important issue. (The royalty review advisory panel is to conclude its work by the end of this year. Some energy companies have warned that changing the royalty structure will add more uncertainty to an industry that is suffering due to low oil prices.)

Date: 2015-06-26
Placeline: EDMONTON.
Source: The Canadian Press
Length: 14 seconds

Transcript Prediction: << I was born in Alberta and I've lived and worked all across Canada so I have a strong sense of how important this is not only for albertans but for our country to get it right >>


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