Responsibilities
The Royalties and Benefits Section is responsible for maximizing the benefits to the local economy from the development of major resource projects. Responsibilities include:
- the maximization of fiscal benefits to the province from petroleum resource development through the negotiation, development, administration and monitoring of project agreements, and legislation;
- the auditing of project costs and revenues to verify the accuracy of royalties paid to the province;
- the provision of overall energy economic/financial and supply/demand information review, analysis, and advice for resource management decisions; and
- the maximization of industrial benefits to the local economy from the development of major mining and energy projects through negotiation of benefits commitments, benefits monitoring and international promotion of the province’s industrial capacity and capabilities.