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Ross Huntley's avatar

The one advantage that Alberta has is a decade of experience with the oil and gas industry. Provincially, approvals for projects are pretty much predetermined. The province knows the methods the oil and gas industry uses and industry can plan based on expected outcomes. I contrast this with federal approaches which are poorly structured and often based on environmental studies and conditional approvals.

The "drop in and we will talk" approach reeks of risk for corporations.

Regardless of the type of mine, from a regulatory perspective they are very much the same. The corporation controls the surface for a period of time, should be required to remediate it to an industry standard, and limit the environmental effects to that area. Compensation and approvals should be formulaic, not negotiated. This requires the province, the RM, and all surface rights holders including FMAs, and First Nations to have thought out ahead of time what is required of a generic mine, pipeline, well, etc.

The first step in any resource development project is assessment of risk. Uncertain regulatory conditions put a high risk premium on it.

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Donald Ashman's avatar

Heck of a good read.

Forget City Government, lad; you are a writer!!

Want to build a pipeline?

Move your pipeline business to the United States.

Only a fool would invest money in this Country, at this time, given the regulatory, cultural, economic, and political climate.

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