In a province where the liberal energy critic claims that the royalty structure has cost the taxpayers 16 million dollars, Enbridge has come out to break rank with the other oil companies to indicate a proposed hike in royalties will not impact oil sands investment. According to the Calgary Sun Enbridge vice-president Richard Bird stated that:

We’re doubtful the royalty variable is going to be the make-or-break economic variable in those decisions, construction costs, commodity prices and profit margins will be bigger factors.

My conclusion, either the accountants and executives from Enbridge are not competent  or Encana and Talisman are blowing the proposed royalty increases out of proportion.