ENMI13
Module 13: Royalties (Optional)
Outcome
Explore the royalty structure in the energy and mining industries.
Indicators
(a) Discuss the relationship between surface and mineral (sub surface) rights.
(b) Explain how mine mouth value and royalty holidays affect royalty payments.
(c) Investigate the change in royalties paid by the resource industry to the provincial government from the 1970s to now.
(d) Explain the difference between Crown royalty payments and freehold production tax.
(e) Describe how the base rate and marginal rate for royalties are applied.
(f) Research the past and current resource revenue sharing processes followed by crown and private corporations with Indigenous peoples in Canada.
(g) Describe the difference in percentage of revenue sharing in energy and natural resource sectors.
(h) Explore the impact Saskatchewan Treaty Land Entitlement Act has on the royalty structure in the mining industry.
(i) Identify the average percentage of workers on mining projects that are from the First Nations peoples on traditional territories.
(j) Explain the impact of The Natural Resources Transfer Acts and The Saskatchewan First Act on royalty structure.
(k) Investigate how revenue sharing, taxes and royalties from the energy and mining sectors affect communities, the province and Canada.
(l) Compare taxes, revenue sharing and royalties from the energy and mining sectors in Canada to those in other countries around the world.
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