This report provides a summary of the forestry sector in 2008, including information regarding royalties, harvesting and silviculture practices, First Nations operations, and a future outlook.
The purpose of this Information Letter is to provide an overview of the oil royalty calculation process for companies (lessees) who have entered into subsurface contracts, normally lease agreements, with Indian Oil and Gas Canada (IOGC) and for companies who are paying oil royalties to IOGC (royalty payers) on behalf of these lessees. More detailed information on specific aspects of the calculation process can be found in other Information Letters referred to in this document.
