Alberta’s scores dropped on all survey questions.
global petroleum survey
In 2018, 73 per cent of respondents said compliance costs were a deterrent to investment compared to only 32 per cent in 2013.
The province remains in the bottom 30 per cent of ranked jurisdictions worldwide.
Bill C-69 will add more subjective criteria to an already onerous regulatory process.
Investor concerns over uncertain regulatory enforcement have risen sharply since 2013.
Southeast Asian country’s policy climate receives poor grade in annual survey.
The list of made-in-Canada policies that have reduced our competitiveness is long and substantial.
Since 2015, the Alberta government has increased corporate income taxes and implemented a carbon tax.
Most survey respondents said disputed land claims and protected areas in B.C. deter investment.