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Drilling Down on Royalties: How Canadian Provinces Can Improve Non-Renewable Resource Taxes
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Page Title: | Drilling Down on Royalties: How Canadian Provinces Can Improve Non-Renewable Resource Taxes – C.D. Howe Institute |
Article Title: | Drilling Down on Royalties: How Canadian Provinces Can Improve Non-Renewable Resource Taxes |
URL: | https://cdhowe.org/publication/drilling-down-royalties-how-canadian-provinces-can-improve-non-renewable-resource-taxes/ |
Published Date: | September 23, 2015 |
Accessed Date: | February 6, 2025 |
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The key problem with current resource taxes in Canada is not the tax rates, but the design of the taxes, states a new report from the C.D. Howe Institute. In “Drilling Down on Royalties: How Canadian Provinces Can Improve Non-Renewable Resource Taxes,” authors Robin Boadway and Benjamin Dachis suggest that a better design for many provincial resource taxes would be a cash-flow tax, rather than royalties.
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