The province of Alberta announced Monday it will order that any oilpatch company that owes unpaid municipal taxes will not be able to receive a new license or transfer an existing license.
Energy Minister Peter Guthrie said he is issuing a ministerial order under the Responsible Energy Development Act that will require the Alberta Energy Regulator (AER) to ensure there are no tax arrears before approving a license transfer or issuing a new license, according to a news release on March 20.
“While most companies pay their taxes regularly and on time, there are a few delinquent companies that owe overdue property taxes. That is why we’re putting in place this ministerial order—to continue building on our recent work. Our goal is to reduce unpaid taxes throughout the province,” said Guthrie….