Committee report urges end to oilsands tax break
http://www.thestar.com/Business/article/187693
Mar 02, 2007 05:35 PM
Dennis Bueckert
Canadian press
OTTAWA – The federal government should cancel its generous tax treatment of the Alberta oilsands industry, putting it on the same footing as the rest of the energy sector, says a draft report by a House of Commons committee.
The tax break, estimated to be worth $1.4 billion annually, has been a point of growing controversy as oilsands operators reap record revenues.