Energy and Mines 10, 20, 30
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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