Territorial Resource Royalty

Monday, 27 August 2018 16:22

The national convention in Halifax drummed up the possibility of 100% resource revenue for territories.

Conservative Resource Royalty

Delegates and MP's were in Halifax over the weekend for their Party's national convention

On Saturday they voted in favour of of a resource policy that would see Territorial Governments keep 100% of their resource revenue.

Provinces keep the entirety of their resource revenue, but territories keep only 50% and share that with indigenous groups and in Nunavut the deal is even less.

The conservative party is the first to adopt a resolution that will likely be part of the party platform for the federal election in 2019.

Nunavuts national councillor Leona Aglukkaq said that it is important for northerners to be in control of decisions that affect them.

For Leona Aglukkaq, the party's national councilor for Nunavut, said it's important that northerners are in control of decisions that affect them.

She made mention of the moratorium on off-shore drilling as one example of Ottawa making policy decisions without enough consultation with the population it mostly affects.

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