“The AER estimates over $45 billion in remediation and reclamation liabilities in the oilsands. This number may be a dramatic underestimate, with figures in leaked, official presentations suggesting as much as $130 billion in liabilities covered by less than $2 billion in security deposits,” University of Calgary School of Public Policy researchers Martin Olszynski, Andrew Leach, Drew Yewchuk wrote in a recent paper.
In other news: Alberta is soon to become a have not province, citizens will finally stop complaining about the Equalization program!
Don’t kid yourself…they’ll still complain about equalization payments, it’ll just be that they don’t get enough.