December 2015

Oil and gas sector losing confidence in Alberta as a place to invest

Alberta ranks high, but the survey reveals that perceptions about Alberta are changing.

The Alberta government’s energy policy changes have contributed to a plunge in investor confidence, according to the annual global survey of petroleum sector executives released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.

The 2015 Global Petroleum Survey rates 126 jurisdictions around the world based on their barriers to investment (ie: high taxes, costly regulatory obligations and uncertainty over environmental regulations) and on the volume of oil and gas reserves.