Osler

ASC Clarifies Expectations Relating to Production Disclosure by Oil and Gas Issuers

Source:
Date:

Courtesy of Osler. View original article here. In its annual Oil and Gas Review [PDF] published on December 23, 2019, the Alberta Securities Commission (ASC) highlighted concerns related to production disclosure by reporting issuers engaged in oil and gas activities. As our clients head into annual disclosure season, we have summarized certain key guidance points relevant to… [Read More…] about ASC Clarifies Expectations Relating to Production Disclosure by Oil and Gas Issuers

Alberta Revamps Carbon Pricing Regime for Large Emitters

Source:
Date:

Courtesy of Osler. View original article here. In this Update On October 29, 2019, the Alberta government proposed new legislation for a revamped Alberta carbon pricing scheme, called the Technology Innovation and Emissions Reduction (TIER) system. Once passed, the new legislation is slated to come into force on January 1, 2020. The TIER system will… [Read More…] about Alberta Revamps Carbon Pricing Regime for Large Emitters

Where is Canada on Climate Change Disclosure? More Guidance; But Old Rules

Source:
Date:

Courtesy of Osler. View original article here. Demands for better reporting on climate change risks and opportunities by investors and the public have been increasing, prompting the Canadian Securities Administrators in March 2017 to launch a climate change disclosure review. One result of that review was the issuance on August 1, 2019 of CSA Staff Notice… [Read More…] about Where is Canada on Climate Change Disclosure? More Guidance; But Old Rules

National Energy Board refuses to assert jurisdiction over the Coastal GasLink Pipeline Project

Source:
Date:

Courtesy of Osler. View original article here. The National Energy Board (NEB) has refused to assert jurisdiction over the Coastal GasLink Pipeline Project (the CGL Pipeline), providing important clarity for the largest energy project in Canadian history and upholding the rule of law in Canada. Background The CGL Pipeline is an approximately 670 kilometre, 48-inch… [Read More…] about National Energy Board refuses to assert jurisdiction over the Coastal GasLink Pipeline Project

Ontario Court of Appeal Upholds Constitutionality of Federal Carbon Pricing Regime

Source:
Date:

Courtesy of Osler. View original article here. Introduction On June 28, 2019, the Ontario Court of Appeal rendered its advisory opinion regarding the constitutional validity of the Greenhouse Gas Pollution Pricing Act (the GGPPA) — colloquially known as the federal “carbon tax.” In a 4-1 decision, the majority held that the GGPPA is constitutional. The Ontario government has said… [Read More…] about Ontario Court of Appeal Upholds Constitutionality of Federal Carbon Pricing Regime

The Wind Blows Another Way for Renewable Energy in Ontario

Source:
Date:

Courtesy of Osler. View original article here. On May 31, 2019, the Government of Ontario published two regulations under the Planning Act and Environmental Protection Act (EPA) — O. Reg. 121/19: Transitional Matters – Renewable Energy Generation Facilities and O. Reg. 122/19: Renewable Energy Approvals Under Part V.0.1 of the Act (together, the Regulations) — which provide clarity on the authority of municipal… [Read More…] about The Wind Blows Another Way for Renewable Energy in Ontario

How to Draft Exclusive vs. Non-Exclusive Jurisdiction Clauses

Source:
Date:

Courtesy of Osler. View original article here. A recent decision from the Court of Appeal for Ontario reminds us that parties using their contracts to select a jurisdiction for hearing disputes must consider jurisdiction clauses carefully. Exclusive jurisdiction clauses pick one jurisdiction, and only one jurisdiction, whose courts will decide any disputes under the contract.… [Read More…] about How to Draft Exclusive vs. Non-Exclusive Jurisdiction Clauses

Saskatchewan Court of Appeal Upholds Constitutionality of Federal Carbon Pricing Regime

Source:
Date:

Courtesy of Osler. View original article here. Introduction Even prior to its enactment, the Greenhouse Gas Pollution Pricing Act (the GGPPA) – colloquially known as the federal carbon tax – has garnered considerable attention across Canada’s political and legal landscape. It has inspired a range of responses across the country, prompting provincial references and becoming an election issue in multiple… [Read More…] about Saskatchewan Court of Appeal Upholds Constitutionality of Federal Carbon Pricing Regime

PDAC: Lots to Talk About

Source:
Date:

Courtesy of Osler. View original article here. In our summary of PDAC last year, we noted it was finally a time that “the mining industry got back to work with greater businesslike focus than we have seen in recent years.” We’re happy to say in our view that trend continued in many respects at PDAC 2019.… [Read More…] about PDAC: Lots to Talk About

Climate Change Litigation Arrives in Canada

Source:
Date:

Courtesy of Osler. View original article here. In this Update Two recent developments demonstrate that climate change litigation has arrived in Canada: the ENVironnement JEUnesse lawsuit in Québec and the City of Victoria’s endorsement of a class action lawsuit against oil and gas producers for climate-related harms. Oil and gas producers may soon be faced… [Read More…] about Climate Change Litigation Arrives in Canada