Alberta First Nations up pressure on province for cut of royalty revenues after review announcement – APTN

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Alberta First Nations up pressure on province for cut of royalty revenues after review announcement – APTN

by ahnationtalk on February 1, 2016220 Views

January 30, 2016

Chiefs in Alberta say they will push for a better deal with the province of Alberta despite the announcement by Premier Rachel Notley that a royalty review will bring about few changes in oil and gas revenue structure going forward.

Notley made the announcement on a freeze on royalty sharing Friday in Calgary.

Recommendations from the royalty review panel listed on the government’s website include a paragraph stating the province “could” look into discussing revenue sharing with First Nations and Metis.

The issue has been a topic long in contention with First Nations since the signing of the Natural Resource Transfer Act (NRTA) in 1931.

Read More: http://aptn.ca/news/2016/01/30/alberta-first-nations-up-pressure-on-province-for-cut-of-royalty-revenues-after-review-announcement/

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