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Eric Cline’s Squandered: Canada’s Potash Legacy: About that royalty review … Part 2

Summary
Cline notes that the industry was not making huge profits at the time, and the government agreed to a capital cost allowance of $1.20 for every dollar of capital investment. “Perhaps it was overly generous, and I don’t claim everything I was responsible for in government was perfect. One thing I can claim is that it seemed to work,” he writes.
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Eric Cline’s Squandered: Canada’s Potash Legacy, takes a hard look at royalties. Part 1

Eric Cline, holding his book, Squandered: Canada’s Potash Legacy. Photo by Brian Zinchuk     In late March, 2024, Eric Cline released his book Squandered: Canada’s Potash Legacy. It’s not often that former Saskatchewan resource ministers write books about royalties, so Pipeline Online is dedicating a lot of space to it. Squandered is published by University of Regina Press. It is available on Amazon.ca here. Cline, a lawyer, was Minister of Fina…

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pipelineonline.ca broke the news in on Monday, January 27, 2025.
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