Vaughn Palmer: NDP drive to change B.C. natural gas royalties faces industry pushback
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Vaughn Palmer: NDP drive to change B.C. natural gas royalties faces industry pushback
Opinion: B.C. is already burdened with more expensive regulation and greater obligations for Indigenous consultation. Higher royalties would add to the disincentives
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VICTORIA — The New Democrats are meeting significant opposition from the natural gas sector over the higher royalties they propose to introduce Jan. 1 of next year.
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This year’s provincial budget set a target of increasing natural gas royalties by about two thirds, from $942 million last year to $1.572 billion three years from now.
The details are complicated. But one........
