Murray Wood: Taylor Swift engagement a nice way to end a cruel summer
Murray Wood says the only thing as amusing as the reaction of fans to Taylor Swift's engagement announcement on Tuesday ...
The current landscape in the oil market is continuing to take a big bite out of the revenues Saskatchewan collects, including land sales.
Money raised from land sales of petroleum and natural gas rights was down significantly in 2015. Last calendar year, $56.5 million in revenues were collected. However, that is down more than $120 million from 2014 when $179.6 million was raised.
Saskatchewan’s minister of the economy pointed to how low oil prices mean that many companies are being cautious in increasing their land inventories.
Even in a downturn, there is some encouraging news. The provincial government insists Saskatchewan remains one of the world’s best places to invest in petroleum exploration and development.
