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

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.