Showing posts with label Ed Stelmach. Show all posts
Showing posts with label Ed Stelmach. Show all posts

Thursday, February 07, 2008

Gee I Said That


Here.

Red Deer Advocate Editorial , Thursday, Feb. 7, 2008

Amazingly, the Conservatives — who have been in power since 1971 — are campaigning under the slogan “Change that works for Albertans.” They are apparently determined to run against their own record, after realizing many Albertans are tired of their arrogance and mistakes.

“I think we can deliver as much change as anyone else,” said George Rogers, Tory MLA for Leduc-Beaumont-Devon, with no hint of joking in his voice. After 37 years in government? That makes absolutely no sense.

Do the Tories think voters are stupid enough to consider them the party of change?

Apparently they are underestimating the intelligence of Albertans. Comes from Tired Old Tories talking to themselves in caucus.

H/T Cowboys For Social Responsibility

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Wednesday, February 06, 2008

Ed's Ides of March


The best not kept secret in Alberta was finally blurted out last Friday, while farmer Ed was glad handing and announcing another pre-budget billion dollar give away, one of his MLA's gleefully announced to the media that the provincial election would be March 3rd. And sure enough right after the throne speech on Monday, Ed announced his own Ides of March, the election is now on and will be Monday March, 3.

Stelmach has something no other political premier can match for wooing voters - lots of money. Before the writ was even dropped, the Tories pledged $6 billion a year over the next 20 years on capital projects, including municipal infrastructure, schools, highways, housing and health facilities. And there's plenty more where that came from. Just watch the promises over the next three weeks leading up to the March 3 vote.


Yes I know the Ides of March are technically March 15 but heck what's twelve days for the man who would be Harry Strom. After all as Wikipedia informs us;
The term has come to be used as a metaphor for impending doom.

Picking up from the Presidential primaries south of us the clever lads in charge of Ed's messaging have made this their slogan; “Change that works for Albertans.”

How about Change the government that has not worked for Alberta. Or Change that hardly works for Albertans. Or maybe "We didn't have a plan then, we don't have one now." The irony is that it is still the same old Tired Tories who are in charge. Just because they changed their leader doesn't mean they have changed.

Ironically Ed's election announcement got swamped in the news by the real election; the one south of us, as the press covered Super Tuesday primaries for U.S. President. And Ed sounds a lot like Republican loser Mitt Romney who claims Washington is broken, but forgets to mention its because the Republicans held the White House, Congress and the Senate till 2006.

Imagine a government running to change itself. Well after all it needs to do something because it has done little since 1993 but maintain the course. In fact most of the changes Ed promises are changes that Ralph refused to make. Like his musing that if elected he would eliminate health care premiums, something both the NDP and Liberals have campaigned on since 1993. Like his delayed Royalty implementation plan Ed will eliminate them four years after the election, just in time for the next one.

That's like his royalty increases which will be negotiated and not come into effect until 2009, or perhaps 2010 or even 2011 in some cases.

Alberta’s New Democrats want the province to consider adopting Alaska’s energy royalty rates, which are 60% higher than the new royalties put in place by Premier Ed Stelmach.

NDP Leader Brian Mason took an election campaign shot at the Tory premier today as he described how adopting Alaska’s system would add $4 billion a year to Alberta’s royalties.

Mason says Stelmach’s plan to increase royalties by only 20% next year amounts to “giving their political donors in the oilpatch a $4 billion gift.”

He also says Stelmach’s review panel was never given key documents, so a new panel should be given all the information and 90 days to reconsider royalties.

The NDP says these documents showed that the Tory government had ignored years of internal advice that Alberta’s royalties could be increased by at least $1 billion a year.
And while Ed barely gets Albertans any real money for our oil he allows Big Oil to continue to pollute and destroy the environment with his so called green plan.

Greenhouse gas levels will climb for 12 years


His next election promise was to increase the number of doctors in the province, despite the closure of hospital beds in Edmonton because of the lack of doctors and nurses, thanks to Ralph's cuts way back a decade ago.

In recent months, people with broken bones have waited longer for care because of a shortage of nurses for recovery beds. The Royal Alexandra Hospital closes two or three operating rooms a day.

In the past week, about 40 elective surgeries over two days were cancelled due to staff shortages.

Now, the region has stopped trying to reopen 33 acute-care beds that have been closed since summer.

"We're officially giving up," Buick said. "We have to retrench sometime. We're just grinding so hard all across the system.

"The pressure is carrying on, and with flu season just beginning to come up now, we're realizing we cannot go on as business-as-usual" for the last three months of the fiscal year, which ends March 31.

The public notice comes as Alberta health regions are speaking openly about projected budget deficits. Massive staff overtime costs, an unexpected hike in nurses' pay plus a huge recruitment program for foreign nurses could leave Capital Health $20 million to $30 million over budget by spring, said Sheila Weatherill, the region's president and CEO.

Still, that pales compared to the outlook in the Calgary health region, which projects an $85-million deficit.

Health Minister Dave Hancock refused this week to consider bailing out Edmonton, Calgary and five other health regions facing deficits that could total more than $100 million.



His pronouncement immediately drew flack from the Big Doc in charge;

But according to Dr. Trevor Theman, registrar of the College of Physicians and Surgeons of Alberta, that is likely not possible: although the need is there, it would require a near-doubling of current training spending from the province and involve recruiting dozens of more people to train them - with staff to train physicians already an issue for the existing 250 spots.

"Edmonton and Calgary are already maxed out in their ability to train, and even if there were more money, it's an issue of human resources," said Theman. "You need trainers available and you need people who have clinical experience to handle that training."

In fact, the only way to achieve the province's doctor target, said Theman, would be by relying chiefly on recruitment of overseas physicians, which is already the province's principal new source of doctors.


Yep like the oil sands the Tories solution to labour shortages are more temporary workers!!!

And again an election promise is made that could have been resolved in the past year of Ed's tenure as premier.

But unlike Ralph who kicked off the last election kicking the disabled and the poor Ed has embraced them.


CALGARY - Alberta Premier Ed Stelmach has announced a plan to allow severely disabled people to earn more money without losing their provincial income benefits.

Campaigning in Calgary today, the Progressive Conservative leader said his proposal would allow disabled people to earn an additional $500 per month without affecting their living allowance under the Assured Income for the Severely Handicapped (AISH) program.

Stelmach says helping AISH recipients go to work gives them a higher sense of esteem.

He says 36,000 Albertans who receive AISH benefits would be eligible under the program.

Singles would be able to earn up to $1,500 a month while single parents or couples could take home $2,500 and only lose half of their allowance.

But like any of his musings and announcements in the past year since his election as party leader he could have done this without calling an election. It's just another shallow promise. And a cheap one at that, if he really was concerned he would have also adjusted AISH payments, which are also federal funds, to rise with the Cost of Living, an allowance all MLA's get.


The Liberals with their mediocre charismatically challenged policy wonk leader Kevin Taft are campaigning with the message; It's Time. Time for what? The slogan aeon's ago was It's Time For A Change, that was when Lawrence Decore was leader, and it really never changed till now. Now they have truncated it. It's Time ...and you immediately want to add in; for a new leader.

Despite polling numbers that show massive dissatisfaction with the PC's under Stelmach, support for the Liberals is not there. Rather this election will be about winning over the mass of undecided voters.

Polls have suggested the Tories still have a comfortable lead but that as many as one voter in three hasn't decided or won't say who they will vote for.

Undecided voters have proven to be poison for the Tories. In the 2004 election, they lost ground in Edmonton and Calgary after an estimated 200,000 disillusioned party supporters stayed home on voting day.


Tory hold on Alberta apt to fade

Some of the elements that contributed to the perfect storms that reshaped the Ontario and Quebec scenes in the past are in place as Alberta heads to the polls, including an uncertain premier, Ed Stelmach, and an unfocused malaise with the direction of the province.

That combination alone would be enough to make next month's vote the provincial story to watch this year. But there are more fundamental reasons than a rare and still elusive Alberta horse race to keep this campaign on the national radar for its duration.

The fabric of Alberta is changing. Its population has been growing at twice the rate of the national average. Even the language barrier has not prevented the siren calls of a booming economy from resonating beyond its provincial borders. The latest census figures on Canada's linguistic makeup showed Alberta to be one of only two provinces outside Quebec where the francophone population has been increasing.

Many of the new Albertans bring a more activist outlook on the role of the government. Their initial experience with an overextended social infrastructure and a degrading environment is unlikely to convert them to a different vision. Over time, they will transform the political culture of the province.

And just to show how out of touch the Liberals are; Taft also predicted no chance of an NDP breakthrough, suggesting they could even lose existing seats.


He wishes that was true. But Brian Mason and the NDP have been electioneering since last fall, and the party was raring to go with candidates nominated in both Edmonton and Calgary.

Of course Taft's prediction may be predicated upon reading the Liberals own press; the Edmonton Journal and Calgary Herald, that will try their best to make this appear to be a race between the Tories and the Liberals, no one else need apply.

Tories, Liberals address social issues Edmonton Journal


For the Liberals this election is make it or break it, without a victory it will be time to show Taft the door. And so far his campaign is not getting off to a great start.

A homeless couple asked hard, frustrated questions of their own to Liberal Leader Kevin Taft this morning as he laid out his party's strategy to end the plight of thousands of other Albertans without a home.

Taft reannounced a Liberal plan that his deputy leader Dave Taylor released a month ago - temporarily cap rent increases until new housing units get built, hire a provincial housing director to coordinate various cities' 10-year homelessness plans, and boost outreach services.

The mid-morning campaign event drew the attention of Diane and Les McIntyre, two newspaper distribution workers who've lived in a nearby shelter on and off for the last five years because of addiction problems.

As reporters fired questions towards Taft's lectern, Diane McIntyre yelled her own from the sidelines.

"The high rent, we can't afford it. so it doesn't give you incentive to get off the street. because you can't afford to get off the street."

"Like, we need to know, like, where are they going to put (the housing?) There's a lot of questions because nobody wants to put affordable housing anywhere, because it's all drug and alcohol... there's no incentive. There's no incentive."

Taylor responded that the only answer it to create more affordable housing, spread throughout the city. He couldn't say how much the Liberal approach would cost.



For the NDP this election is about making gains in Edmonton and breaking into Calgary.

The right wing rump party the Wildrose Alliance will take right wing votes away from Ed, leaving both the NDP and Liberals able to move up the middle, when disenchanted PC voters stay home in droves.

And when it comes to internet savvy the NDP out does the Liberals and PC's, again.

It's a political faceoff on Facebook, and so far the NDP's Brian Mason is in the lead.

Not that anyone expects the NDP to be there come election time in a month. But Mason had signed up 730 friends on the social networking site, to about 620 for Kevin Taft of the Alberta Liberals at press time yesterday.

UNSPOKEN-FRIEND RACE

"Everyone's been monitoring it - it's kind of an unspoken-friend race between the two opposition leaders," said NDP spokesman Mark Wells, who said his party plans to hit web outlets with a ton of material during the campaign. He also noted both opposition leaders have been blogging through their sites as well.

The Liberals are confident they've got a solid web presence, said executive director Kieran LeBlanc.

"Kevin's been on Facebook for over a year and he gets quite a few hits - we've been using it to announce events and generally get the message out, and it works pretty well."

The Liberals, whose site was voted by local press as the most useful during the last election campaign, also use mail servers, intranet for candidate conversations and are regularly updating event videos on YouTube, she noted.

The Alberta Progressive Conservatives said web use is part of their strategy and they "won't reveal our strategy before the election has started," said spokesman Joan Forge. "We'll be using that...oh, what's the term - I'm not very technical ..."

Social networking?

"Yes, that's it."

And it doesn't appear as if Premier Ed Stelmach will be joining the unofficial race for friends any time soon, either.

NO PAGE FOR PREMIER

For one, he doesn't have a Facebook page. For another, the number of pages opposed to the premier on Facebook outnumber those supporting him by about 10 to one.


Nope no Facebook page for Ed, and he still hasn't sued over edstelmach.com.

And besides neither Ed nor Kevin can make this claim;

Brian Mason used to be a bus driver, so he knows what it means to get up at 4 am for the early shift and work on Christmas Eve. How many other political leaders can say that?

The image “http://www.albertandp.ca/images/template2008/billboard_08-01-26_BrianMasonQuote01.jpg” cannot be displayed, because it contains errors.


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Friday, January 11, 2008

You Read It Here First

If you have been reading my posts on the edstemach.ca affair, and who hasn't, you read this here first.

Records show that Tyler Shandro, the same Calgary lawyer who penned the stern letter to Cournoyer about identity theft, registered both Internet addresses in the name of the premier and party Tuesday afternoon -- hours after the edstelmach.ca case made national headlines, and at least a month after the Tories became aware of it.

The address edstelmach.com was registered more than a year ago to an office in the Bahamas, and links to an unrelated search engine.

Would have been nice for the Edmonton Journal to credit me.


H/T to
BigCityLibStrikesBack


SEE:




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Thursday, January 10, 2008

The Life and Times of Tyler Shandro

Here is the making of a young Tory moving up in the world. The fellow is in charge of Ed Stemach's internet personality.

Domain name: EDSTELMACH.NET

Administrative Contact:
Stelmach, Ed
tshandro@wwclawyers.com
c/o 340, 999 - 8th St. SW
Calgary, AB T2R 1J5
CA
+1.4032445828

Domain name: EDSTELMACH.ORG

Registrant Contact Information:
Name: Ed Stelmach
Organization: PCAA
Address 1: c/o 340, 999 - 8th St. SW
City: Calgary
State: AB
Zip: T2R1J5
Country: CA
Phone: +1.4032445828
Email: tshandro@wwclawyers.com

And he is suing daveberta for using edstelmach.ca






Tyler S. Shandro


Tyler practices primarily in the area of Family Law and assists clients in both the Calgary and Okotoks offices. In addition to his experience in Family Law, Tyler has been appointed by the Solicitor General to sit on the Criminal Injuries Review Board.

Tyler grew up in Calgary and is very active in the community. He is a member of the Canadian Ski Patrol System, a ski instructor, scuba diver and Divemaster. He is also a member of the Flames Ambassadors and a volunteer for the Calgary Exhibition and Stampede as a member of the Promotion Committee.

Tyler graduated from the University of Calgary and has been admitted to both the Alberta and BC bars.







Hey wait a minute he is practicing Family Law not Litigation law.

He is using his position with his firm to do private practice on behalf of the PC Association of which he is an Executive member as
Regional Director Calgary West/Centre.

As I said before this is a conflict of interest.

He is also on the Board of Directors of the Federal Conservative, Calgary Centre Association.

Last fall he was campaign manager for Calgary Ward 8 alderman John Mar a former cop and Tory.


And like many Tories he shares in the largese of the one party state.

ALBERTA CRIMINAL INJURIES REVIEW BOARD

BOARD MEMBER PROFILES

Tyler Shandro holds a B.A. and LL.B. from the University of Calgary and articled with McLeod &Co. LLP of Calgary. He was called to the Alberta Bar on June 30, 2005. Mr. Shandro has volunteered with several community organizations including the Canadian Ski Patrol and the Calgary Flames Ambassadors Group. His post-secondary involvement was extensive and included holding the chair of the articling committee, chair of the career day committee, and editor of the Alberta Law Review, Petroleum Edition.

The Mental Health Act of Alberta

A Guide for Consumers and Caregivers

The Canadian Mental Health Association wishes to acknowledgement and thanks all those who have worked on the development of this edition of the brochure.
Special thanks to: Tyler Shandro of the Pro Bono Students’ Association at the Calgary Faculty of Law


In 2004 he was the production manager for the independent film My Most Difficult Case. Which is rather prophetic.

And if I were him I would be as worried about this page
www.tylershandro.com
as I would be edstemach.ca

Getting into political hot water over blogs may come from his appreciation for diving.

U/AB: Bill, please tell our Alberta Divers a bit
about yourself & why you decided to publish a
new dive guide: “Diving in Southern Alberta “
Bill Hall : Its something I always wanted to do
but didn't find the time until my sons were old
enough & expressed an interest as well. The
three of us learned to dive together. I have
been diving for about 15 years. I am now a
certified and active PADI Master Instructor &
have been teaching for about seven years. I
also hold a number of technical certifications
with IANTD. The idea to write this book
was suggested to me by
one of my Divemaster
students,
Tyler Shandro,

who was writing a
guide book about hiking in the Rockies &
thought somebody should do something similar
for dive sites. The idea appealed to me
because I saw the potential to promote local
diving, to be a useful teaching aid & mostly
because I knew that it would be fun to do. I had
written a number of technical journals in the
past so I was comfortable with the work involved.
And of course photographing the dive
sites wasn't work at all.

Gee I wonder if Tyler abandoned that book on the Rockies in favour of political opportunism and carreerism. After all hiking up the party hierarchy is not much different than hiking the Rockies.


Skeletons In the Closet

While at the U of C Tyler was the President of the U of C Atheist Club and a 'left wing' columnist for the Gauntlet as well as one of their photographers. His column denouncing Christmas raised quite a few hackles.

The University of Calgary is holding "The Truth is out there," a spiritual perspectives week, from Jan. 24-29, 2000.

Not every student on campus is interested in spirituality.

"Why a whole week?" said Atheist Students' Club President Tyler Shandro. "At the end of the week, does everyone just go dead inside?"


Oh dear might not want to let your social conservative pals in the PC's know about this little youthful peccadillo.

SEE:

Craig Chandler Bids For Ed's Domain

Hey Ed Your Domain Is Available

My Name Is Ed


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Craig Chandler Bids For Ed's Domain

In the comments section over at daveberta's blog discussing the threatened law suit over his ownership of edstelmach.ca, bad boy of the right Craig Chandler left this comment;

Craig B. Chandler said...

Again sell me the website.

I will pay your legal fees and I will simply post a message on the website that says:

Premier Stelmach I will gladly sell you this domain for $127,000.

Sincerely,
Craig B. Chandler
Democratically Elected Alberta Progressive Conservative in Calgary Egmont

Wednesday, January 09, 2008 11:47:00 PM

Wow now that would put Ed and his lawyer Tyler Shandro out of the proverbial frying pan and into the fire. Delicious. I am tempted to say go for it. But of course Dave won't he is a principled guy.

But as this shows Ed and Tylers threats against Dave have resulted in a fire storm of criticism, and laughter across the blogs and the net. Dumb and Dumber would be appropriate nick names for these two.

Expert expects preem to lose domain lawsuit

He's one of Canada's foremost experts and he says Premier Ed Stelmach is probably going to lose, big time, partly because he's not well known.

No, he's not talking about Stelmach's prospects in an election; but Michael Geist does think Steady Eddie would be barking up the wrong blog if he takes on local writer David Cournoyer over the use of www.edstelmach.ca.

Stelmach's lawyers recently sent a letter to Cournoyer, who blogs under the title Daveberta, threatening legal action if he doesn't give up the domain name, which Cournoyer purchased last year for $14.

But according to Geist, a prominent writer and Carleton University's Canada Research Chair on Internet and E-Commerce Law, Canada clearly defends critics who use the domain names of people they're criticizing - and Daveberta is definitely a critic of Stelmach's government.



I find it interesting that Shandro as the domain administrator for Ed's current web sites, works for a legal firm that specializes in slap suits, the same company making legal threats against Dave.

Can you say conflict of interest.

The real reason for the PC concern about Dave's web site was revealed in the media this morning.



SEE:

Hey Ed Your Domain Is Available

My Name Is Ed


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Wednesday, January 09, 2008

Hey Ed Your Domain Is Available

This summary is not available. Please click here to view the post.

My Name Is Ed

It appears fellow blogger Daveberta is being threatened with legal action because he owns the internet domain edstelmach.ca. I got an email from him about his plight.


The Premiers lawyers want him to give up this publicly licensed name which he bought. I mean they could have bought it had they been more internet savvy. You would think they would have at least searched Eddies name on the net to make sure he had all those possible sites with his name in it. Like edstelmach.com, or edstelmach.net, or edstelmach.org or edtelmach.xxx or....well you get my meaning. I mean its not like the Premier doesn't have his own Ed Stelmach page, he does.

But this headline is funny;
Law firm says blogger stole Stelmach's personality Really he has a personality? Could have fooled me.

Alberta premier threatens to sue over domain name


How come Ed's lawyers they didn't sue San Fransisco stores when they used the Premiers Face on a French Maid body poster for their Halloween Store Ads?

Ed better hire better lawyers, someone familiar with internet law, or the lawless internet. There are all sorts of political sites that have names of politicians that are not those politicians home pages but sites that attack them. Remember the successful PaulMartin.ca site; Paul Martin Time. Yep nothing the PM could do about that attack site at the time and there is nothing Ed can do about Dave's site.

H/T to Saskboy


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Monday, January 07, 2008

Still not getting our due


The market wonks and pundits are all a flutter about $100 oil. It hit that price last week in two, count em two, speculative deals amongst hundreds in the commodity markets. The price then dropped to between 97 and 99 dollars. This was declared a decline, with much brow wiping.

However the price of oil before last week was $95 at the end of 2007. Again a fact that seemed to be glossed over in the news about hundred buck oil. It hovered between $72 and $80 for most of last year. Then is shot up at the end of the year. Thanks to speculation not real market conditions of supply and demand. Today it is now in the high nineties.

Oil prices rose at a record rate last year a 60% hike . And they will continue to go up. It is one of the conditions of a Peak Oil marketplace.

Which means that Albertans are still getting short changed on our royalties. Since Stelmach's Royalty regime will not come into effect until 2009 and as an uncensored Alberta Energy Report reveals we have been short changed even under the existing royalty scheme.

Oil prices in 2007 rose 57% and wholesale gasoline prices climbed at a similar rate

Oil prices breached a record $100 a barrel several times last week, as falling inventories, geopolitical tensions, strong demand from developing countries and a weak dollar pushed futures above the psychologically important mark.

David Pumphrey Deputy Director, Energy, Center for Strategic and International Studies

"Fundamentals are still quite strong, and would support oil prices in the $90 to $100 range, but not much higher. The wild card is the financial markets."

Daniel Yergin Chairman of Cambridge Energy Research Associates

"Prices won't hover around $100 unless some bad things happen in oil-producing countries. Last year, oil averaged $72


Oil, gas price forecasts
Raymond James analysts are predicting that crude prices will again exceed Wall Street's consensus in 2008. "The global oil markets must push oil prices high enough to slow global oil demand growth in a supply-constrained market," they said. Accordingly, Raymond James raised its forecast of crude prices to an average $90/bbl in 2008, up from a previous estimate of $80/bbl "to reflect a tightening, supply-constrained oil market." Analysts said, "Additionally, we are raising our 2009 forecast from $85/bbl to $100/bbl due to our belief that additional oil supplies will be even harder to find in 2009 and beyond."

Raymond James analysts noted continued strong growth in domestic gas production—"primarily Barnett shale and Rockies driven"—and increased LNG imports should again push US gas storage levels to record highs in 2008. Therefore, they said, "We believe 2008 gas prices will be even weaker than originally anticipated and are revising our 2008 US gas price forecast down from $7/Mcf to an average of $6.50/Mcf for the full year, the lowest since 2004. We are also initiating a 2009 price forecast of $7/Mcf. While US gas prices could remain relatively weak through 2009, the build-out of global gas infrastructure should eventually drive global gas prices closer to BTU parity (6:1 price ratio) over the next 5 years."


Censored report shows gov't was told in 2006 Alta. missing out on oil billions


EDMONTON - Alberta Energy told the provincial government in 2004 that the province was missing out on billions of dollars in resource revenue, newly released documents show.

In a 2006 report, the department estimated that since royalty rates were capped at certain price levels, Alberta had lost between $1.3 billion and $2.8 billion in "uncaptured economic rent" for natural gas alone in 2003 and 2004, or between $700 million and $1.4 billion a year.

The department's cross-commodity resource valuation team called on the government to "increase conventional oil and gas royalties to restore Alberta's fair share at high prices."

Another section of the report, comparing Alberta with eight U.S. oil-producing states, showed the province ranked lowest in the percentage it took in royalties and taxes.

Premier Ed Stelmach announced last fall that he was hiking royalties, but not until 2009 and not to the extent called for by the royalty review panel headed by Bill Hunter.

In the documents, information about oilpatch returns against reinvestment between 1990 and 2003 show that despite higher returns for companies and record drilling, the ratio of reinvestment has declined. The words "higher returns, record drilling, declining reinvestment" were stricken from documents previously released to The Journal.

Alberta's NDP joined in the fray Friday by attacking Stelmach's new royalty framework as a massive giveaway to oil companies.

"When oil hits $100, this new royalty framework will forgo tens of millions of dollars a day compared to Alaska," NDP Leader Brian Mason said.

"When the time comes that oil regularly trades at $100, the Tory royalty system will cost Albertans over $4 billion a year."


Stelmach's oil royalty plan called inferior to Alaska's

Premier Ed Stelmach's new oil royalty revenue scheme will generate chump change compared to the system used in Alaska, says Alberta NDP leader Brian Mason.

"The two areas face similar challenges in terms of costly operations to extract crude oil and have similar right-leaning governments, yet Alaska has managed to come up with a system that generates far more money from oil than we ever could under the new royalty regime," he said yesterday.

By Mason's math, Albertans are foregoing $4.3 billion in extra oil revenue by not charging higher royalty percentages and capitalizing on $100 per barrel oil prices.

Mason said under the new royalty regime, Alberta will take in $7.4 billion, but that could jump to $11.8 billion if Alberta took a bigger piece of the pie.

"Alaska takes $42.24 on each barrel of $100 oil and the sky didn't fall as Big Oil warned us it would in Alberta just a few months ago.

"Alberta takes just $26.51 from a barrel of $100 oil. There is a huge gap there and a lot of room for us to earn more money. The price of a barrel of oil isn't going down much any time soon. As far as I can tell, the world only has so much of it to go around."

SEE

The Economist On Alberta's Fair Share


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