Alberta keeps framework, tweaks royalties to boost investment
Alberta officials defend the existing royalty framework while announcing permanent support for a temporary relief program. Front end royalties drop to five percent in year one and maximum rates fall to 36 percent for gas and 40 percent for oil at high prices. Regulators to streamline reviews by 2010 and a cross-ministry task force to assess near-term regulatory enhancements will report in 90 days.
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Alberta
Saskatchewan
B.C
Liepert
ERCB
Energy
Drayton Valley- Calmar
Diana McQueen
North America
Town to consider restricted art donation fund for Arts Council
At a March 8 meeting the council unanimously approved drafting a policy to create a restricted fund to accept donations for the Arts Council of Tabor. Revenue Canada advised the arts group cannot issue tax receipts until the town sets up the mechanism. The fund would allow donors to direct gifts with receipts usable for tax purposes once council approves the plan later this year.
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Arts Council
Dale Culler
Council the Arts
Revenue Canada
Arts Council of
Tabor
Culler
Council
Town aims to finish project in 2010 with lowest bid
Mayor Ray Bryant says the town will choose the lowest bid just under seven million dollars. He notes the project should be completed in 2010, with government grant funding possibly requiring completion by March 2011.
MENTIONED IN THIS ARTICLE
Ray Bryant
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