TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

REGIME REDEVANCES [2 records]

Record 1 2013-08-19

English

Subject field(s)
  • Commercial Utilization (Oil and Natural Gas)
OBS

The new generic royalty regime is administered by Alberta Resource Development under the Mines and Minerals Act. It is designed to support the major investment needed to develop the oil sands resource. The regime will apply to new investment in developing Alberta's oil sands and expansions of existing projects ... This royalty regime was chosen over production-based royalties due to the high cost, long lead time and the associated high risk nature of oil sands investment.

French

Domaine(s)
  • Exploitation commerciale (Pétrole et gaz naturel)
OBS

Le nouveau régime de redevances est administré par l'Alberta Resource Development en vertu de la Mines and Minerals Act. Il est conçu pour attirer les investissements majeurs nécessaires à la mise en valeur des sables bitumineux. Ce régime s'appliquera aux nouveaux projets de mise en valeur des sables bitumineux de l'Alberta ainsi qu'à l'agrandissement d'installations existantes. [...] Ce régime de redevances a été préféré à un régime fondé sur la production, en raison des coûts élevés des projets, du long délai de mise en production des installations et du caractère hautement risqué des investissements dans les sables bitumineux.

Spanish

Save record 1

Record 2 1988-03-07

English

Subject field(s)
  • Taxation
OBS

Source: Petroleum and Gas Revenue Tax Act.

French

Domaine(s)
  • Fiscalité
OBS

Source : Loi de l'impôt sur les revenus pétroliers.

Spanish

Save record 2

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