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Bill 48 (3 April 2007)

The Freehold Oil and Gas Production Tax Amendment Act, 2007

Second Reading
From Hansard - 3 April 2007

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Mr. Hart: — Thank you, Mr. Speaker. Mr. Speaker, I’m certainly pleased to be able to enter into the debate on this Bill. I read the minister’s second reading comments and looked at the Bill, and it appears to be a Bill that is very similar to Bill 46 in that it’s simplifying regulations and basically making the environment, a working environment for both industry and government, a lot simplified and removed a lot of red tape which certainly is a good thing, Mr. Speaker.

As the minister said in his second reading comments, he said both Bills 46 and 48 are very similar. And I think the member from Rosetown-Elrose certainly made a lot of good comments and brought out quite a number of good points with regards to Bill 46, and I would certainly endorse those comments, Mr. Speaker.

I did find the minister mention that Saskatchewan is producing twice as much oil as it did 10 years ago. So I guess the question I would have is — I mean this government’s been in place for going on 16 years, you know — why some of these moves weren’t made earlier so that we could have seen the positive results of regulation change and the streamlining of bureaucracy and red tape and so on that we have now seen so recently.

If we would have had done, taken a few of these steps earlier on, it would have been a signal to the industry that Saskatchewan is a good place to do business and so on and we would, as I said, we would have reaped some of the benefits much earlier than we are now. But it’s certainly good to see that we are taking a step in the right direction, Mr. Deputy Speaker.

And so there are just one or two items in this Bill that I think we would not be doing our due diligence if we didn’t consult with the industry just to clarify a few points. And so therefore, Mr. Deputy Speaker, I would at this time adjourn debate.

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