File photo of a pumpjack in an Alberta field. (ImagineGolf/E+/Getty Images)

Alberta gives oil and gas drillers municipal tax break

Reuters — Struggling oil and gas companies in Alberta will get a three-year break on municipal property taxes for land where they are drilling wells or building pipelines, the provincial government said on Monday. The Alberta government said it would also lower property tax assessments on less-productive wells and eliminate a provincial tax on drills.

north dakota

North Dakota: What rebound?

REGION | Our next-door neighbour is in an economic crunch as COVID-19 batters oil, agriculture

Reuters — When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted. Now, it is making sweeping cuts to state agencies in a bid to stem the financial bleeding from a historic oil price collapse sparked by the coronavirus pandemic, and a


BASF sees strong growth tied to GMO crop traits

Reuters / Global conglomerate BASF is rolling out a series of new plant science and plant protection products for farmers in the United States as it aims to increase its share of fast-growing markets, executives of the German chemical giant said. South America is also a target as BASF shifts its agricultural emphasis — and

Checklist For New Wells — Water/Oil And Gas — Yours/ Theirs

Whether you need a new water well or an oil and gas company wants to drill nearby, it s vital that the aquifer and your well are protected from contamination and changes in rock formations. If you need a new well, make sure all quotes are from certified well drillers who understand the detailed information

Alberta Fund Leery Of Agricultural Bubble

The global commodity boom is driving prices for agricultural assets to near bubble levels and the best opportunities may be found in related investments, the head of one of Canada’s biggest pension funds warned. “I must get an agricultural play in my inbox once a day or once every couple of days and that’s usually


Letters – for Mar. 10, 2011

Time to change directions Your recent editorial “A Change In Thinking,” February 17, hits the nail on the head. Past farmer thinking has concentrated too much on income support and not enough on change and innovation. Taxpayer-sourced payments made simply for producing and selling a commodity, interest-free loans and advances, rewards for year-to-year income variability

BHP Kills PotashCorp Bid, Revives Shareholder Buyback

BHP Billiton has scrapped its $39-billion bid for Canada’s PotashCorp and bowed to calls from investors to return cash, a move that came days after regulators blocked the year’s biggest takeover deal. BHP, conceding defeat for the third straight time on a major proposed merger or acquisition, signalled with its revived $4.2-billion share buyback that