Premier Ed Stelmach initiated a public review of the province’s
royalty and tax regime to ensure Albertans are receiving a fair
share from energy development through royalties, taxes and fees.
On February 16, 2007, Finance Minister Lyle Oberg announced
the appointment of a six-member panel of experts to complete
the review in a thorough and impartial manner.
The Royalty Review Panel is independent of government. A Royalty
Review Secretariat comprised of staff from Alberta Finance and
Alberta Energy provides technical and administrative support as
directed by the panel.
As part of the review, the panel will gather input from interested
Albertans and key stakeholders through a series of public
meetings. The panel also has the ability to request additional
information and research as required.
It is anticipated that the panel will present its recommendations
to the Finance Minister by August 31, 2007.
The recommendations will be reviewed and considered through the
regular government processes. The Government of Alberta will make
the final decision about the province’s royalty and tax
regime, based on recommendations from the panel.
