Browsing by Author "Otogwu, Chidom Douglas"

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    Alberta 2007 Royalty Review: The Negative Impact on Labour Compensation and Investment
    (2016-01) Otogwu, Chidom Douglas; Dahlby, Bev
    The question to whether the 2007 royalty review in Alberta achieved its intended goal is one that was already answered by the government's decision to make adjustments to its response to the 2007 Panel's recommendations. However, the 2010 review did not show the areas and amount of loss Albertans incurred as a result of the 2007 royalty increase. This study, focusing on the oil sector, gives an estimate of the amount of wastes the 2007 royalty rate changes caused in the province through its impact on the oil and gas sector. The 2007 royalty increase caused a significant reduction in total workers' compensation and investment in the oil and gas sector.