Stikeman Elliott

Mining Industry Trends: Strategic Investment Transactions

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Courtesy of Stikeman Elliott. View original article here. The combination of macroeconomic uncertainty and speculation over trade wars has not been kind to commodity prices or the mining industry lately.  The impact has been especially felt among junior companies without producing assets, as financiers and the public capital markets are reluctant to take on exploration… [Read More…] about Mining Industry Trends: Strategic Investment Transactions

A Steady Judicial Tune Resonates Uncertainty: Federal Court of Appeal Orders Canada to Re-Consult on Trans Mountain Pipeline Expansion Project Approvals

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Courtesy of Stikeman Elliott. View original article here. Canada once again faces uncertainty in relation to the Trans Mountain pipeline expansion project (TMX), which itself is a harbinger of the continued unpredictability surrounding the state of Canada’s regulatory landscape for major energy infrastructure projects as a whole. This latest installment in uncertainty arises due to the recent… [Read More…] about A Steady Judicial Tune Resonates Uncertainty: Federal Court of Appeal Orders Canada to Re-Consult on Trans Mountain Pipeline Expansion Project Approvals

Federal Energy Project Reviews: Timelines in Practice

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Courtesy of Stikeman Elliott. View original article here In recent years the timelines to complete Canadian regulatory reviews of proposed major projects – and particularly environmental assessments which are the key part of the project review process – have become a major political issue. Over the last decade or so, project proponents have consistently raised… [Read More…] about Federal Energy Project Reviews: Timelines in Practice

Falling Markets and Canadian Exits Illustrate Transaction Activity in the Oil and Gas Sector

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Courtesy of Stikeman Elliott. View original article here. The following is an adapted summary of data provided in Stikeman Elliott LLP’s Canadian Oil & Gas 2017 Annual Review. Overview 2017 was another turbulent year in the oil and gas sector. The regulatory and economic climates for oil and gas continued to shift quickly throughout the… [Read More…] about Falling Markets and Canadian Exits Illustrate Transaction Activity in the Oil and Gas Sector

Operators Take Note: Stricter Liability Management Regime is Proposed in British Columbia

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Courtesy of Stikeman Elliott. View original article here. A stricter oil and gas liability management regime may soon be in effect in British Columbia. The BC government recently introduced Bill 15 (the “Bill”) in response to the growing number of oil and gas sites in BC with insolvent operators (“Orphan Sites”). The abandonment and restoration… [Read More…] about Operators Take Note: Stricter Liability Management Regime is Proposed in British Columbia

Market Manipulation in Ontario’s Electricity Sector: Regulatory Responses

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Courtesy of Stikeman Elliott. View original article here. Stikeman Elliott recently contributed a chapter on “Compliance and Enforcement in the Ontario Electricity Sector” to The Guide to Energy Market Manipulation, a publication of the Global Competition Review. The chapter assesses how compliance and enforcement regimes and practices – including those aimed at addressing market manipulation in Ontario’s wholesale… [Read More…] about Market Manipulation in Ontario’s Electricity Sector: Regulatory Responses

Royalties are an Interest in Land (But can they be vested out? Stay tuned.)

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Courtesy of Stikeman Elliott. View original article here. In a recent decision, the Ontario Court of Appeal determined that gross overriding royalties on certain Ontario mining claims constituted interests in land, finding that a right to enter and explore land is not a necessary incident of an interest in land. However, the court left for… [Read More…] about Royalties are an Interest in Land (But can they be vested out? Stay tuned.)

Site C: Behind the Decision to Proceed

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Courtesy of Stikeman Elliott. View original article here. Site C is a 1100 MW hydro-electric dam on the Peace River in northern British Columbia.  It is being developed by BC Hydro, a British Columbia crown corporation, and has been under construction since 2014.  It is costly – at the time of BC Hydro’s Final Investment… [Read More…] about Site C: Behind the Decision to Proceed

Que sera, CERA – The Canadian Energy Regulator Act (CERA)

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Courtesy of Stikeman Elliott. View original article here. On February 8, 2018, following two expert panel reports and two parliamentary committees, the Federal Government introduced new legislation (Bill C-69) that, if passed, will bring an end to the National Energy Board’s (NEB) 60 years of energy infrastructure regulation and see it replaced by a new… [Read More…] about Que sera, CERA – The Canadian Energy Regulator Act (CERA)

Canadian Oil – No Easy Way Out

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Courtesy of Stikeman Elliott. View original  article here. In its Report on Canada’s Energy Future 2017 (“2017 Report”), the National Energy Board makes energy supply and demand projections for the roughly quarter century period running from 2016 to 2040. While the key findings in the 2017 Report are noteworthy on their own, they also highlight the long-term… [Read More…] about Canadian Oil – No Easy Way Out