CAPP Statement: Alberta Government’s Action to Incent New Drilling

October 20, 2020, Calgary, Alberta

Municipal taxes and assessments for oil and natural gas are one of the biggest competitive issues facing this province today.  The Alberta government’s action to incent new drilling and provide relief to mature wells is a crucial step to help restore investor confidence and preserve and create jobs for Albertans. Rural Alberta is key to the success of the oil and gas industry and we are committed to continuing to work with the municipalities and the Province on this issue going forward to rebuild our energy industry and bring prosperity back to Alberta.