Source URL: rmalberta.com/news/below-the-drill-week-6/

Below the Drill – Week 6

This is the final edition of a six-week campaign that shared how Government of Alberta policies have impacted municipal tax revenue

In recent years, the Government of Alberta (GOA) has implemented several policy initiatives to reduce oil and gas industry costs at the expense of municipal revenue. Over the past six weeks, the RMA’s Below the Drill series has shared information on the extent and impacts of that lost municipal tax revenue as a result of provincial government policies has had on rural communities

This is the final week of Below the Drill, which concludes with a calculation and analysis of the cumulative impacts of the polices explored throughout the campaign. In previous weeks, Below the Drill explored the impact of the removal of the well drilling equipment tax, the ongoing unpaid tax issue, the holiday on drilling assessment for new wells, and the 35% reduction in assessment on shallow gas wells. Cumulatively these policies have caused municipalities to miss out on more than $331 million in municipal tax revenue. Visit the Below the Drill website to learn more.

As Below the Drill concludes, the RMA encourages members to share the cumulative impacts of Government of Alberta policies on municipal revenue, including how these policies have impacted local municipal decisions.

Warren Noga
Policy Advisor
825.319.2285
warren@RMAlberta.com   

Wyatt Skovron
General Manager of Policy & Advocacy
780.955.4096
wyatt@RMAlberta.com