What happens to the royalties collected from oil sands production?
Energy development supports a strong Alberta economy. Our approach reflects an innovative and responsible direction that Alberta will take toward the long-term development of energy in our province. Royalties are part of the overall revenue share received from energy development and help fund important programs like health, education and infrastructure. One in six Albertans is employed directly or indirectly by Albertas energy sector and in 2007-08, government collected $11 billion in non-renewable resource revenues with over $2.9 billion coming from the oil sands.This represents almost 29 per cent of total provincial revenues.
