Dr John Warnock says the resource royalties collected by this province are too low. The rates are comparable to what weak, desperate 3rd world countries collect for the extraction of their resources. Resource royalties have not kept pace with GDP, revenue, or profit, but rather are slipping further behind what they once were in the province. The Saskatchewan people are receiving less and less for giving up more and more. These are NON renewable resources. We only get one chance to get the most for them.
I agree with Dr Warnock, the Saskatchewan government is selling out. Short term gain and long term sustainability are being sacrificed. Mining is a very capital intensive industry. It actually creates a small percentage of the jobs in SK. The people of Saskatchewan, the Saskatchewan environment, and all future generations deserve more.
Greater resource royalties in SK could be harnessed to provide the free post secondary education that Larissa Shasko, Leader of the Green Party of Saskatchewan recommends.
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