Opinion | This ‘Bitumen Boondoggle’ is costing Alberta taxpayers billions – CBC

Opinion | This ‘Bitumen Boondoggle’ is costing Alberta taxpayers billions – CBC

by ahnationtalk on September 14, 2020115 Views

Mad about billions going to Bombardier? Sturgeon Refinery saga will make your head explode

Sep 14, 2020

“On November 8, 2012, the North West Redwater Partnership (NWRP) announced the sanctioning of Phase 1 of the Sturgeon Refinery, which it will build, own and operate.”

For many people, these words were great news — more bitumen would be refined in Alberta, at a new private sector refinery.

Unfortunately, these words open a section of Alberta Energy’s annual report, updating Albertans on the status of the Alberta government’s backing of this refinery, which has saddled us with a $26.4-billion liability. Yes, $26.4 billion.

Read More: https://www.cbc.ca/news/canada/calgary/alberta-bitumen-sturgeon-refinery-nwrp-1.5718044

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