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September 14, 2011

When provinces raise royalties charged on oil and gas production, the result can be less, not more tax revenues, according to a report from the C.D. Howe Institute. In  Rethinking Royalty Rates: Why There Is a Better Way to Tax Oil and Gas Development, authors Colin Busby, Benjamin Dachis and Bev Dahlby show how resource-rich provinces would be better off relying more on auctions for exploration and development rights and relying less on royalties levied on output.

 

Benjamin Dachis

Benjamin Dachis is a Senior Fellow at the C.D. Howe Institute and Vice President of Research and Outreach at Clean Prosperity. Previously, he served as Associate Vice President, Public Affairs at the C.D.

Bev Dahlby

Bev Dahlby is a member of the Fiscal and Tax Competitiveness Policy Council and a Fellow-in-Residence at the C.D. Howe Institute. He is also a Research Fellow at the School of Public Policy, University of Calgary.

Colin Busby

Colin Busby is Director of Policy Engagement at the C.D. Howe Institute. He leads the Institute’s pension policy program as well as its Intelligence Memos.