The Fraser Institute’s Global Petroleum Survey

The Fraser Institute’s Global Petroleum Survey by John W. Warnock, July 9, 2012, The Bullet
There was also the issue of government corruption, well known in many of the countries surveyed. But these were not the important issues. More important for the Canadian public was the judgement that corporation officials had on the fiscal terms of investing in various jurisdictions: what is the level of royalties and taxes imposed on the oil and gas industry? … One of the central objectives of the various “free trade” agreements was to allow corporations to move capital around and repatriate profits without any government interference. … Another key issue surveyed concerned environmental regulations and their enforcement. Were there heavy fines on corporations for causing pollution? Was there a regime of stringent enforcement? … In western Canada our political regimes are very pro-business. Polluters do not pay.

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