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New oil and gas royalty framework to be announced Friday

Alberta’s royalty review panel is set to release its report tomorrow. While they’re keeping tight-lipped about the results, Energy Minister Marg McCuaig-Boyd has promised a “durable” regime that will be “effective for all parties involved.”

The panel has spent the past several months speaking with the public and industry experts, looking to find a balance between keeping investors and Albertans happy, while developing responsibly and diversifying the economy.

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