Regulatory

New Regulations Intended to Encourage Consolidation

Source:
Date:

Courtesy of Borden, Ladner and Gervais. View original article here. The Ministry of Finance (“MOF”) published two regulations on April 25, 2016, implementing the changes described in the April 2015 Ontario Budget. The new regulations are intended to encourage the consolidation of the LDC sector by reducing, and in some cases eliminating significant tax barriers… [Read More…] about New Regulations Intended to Encourage Consolidation

Alberta’s Carbon Tax – Bill 20: The Climate Leadership Implementation Act

Source:
Date:

Courtesy of Osler. View original article here. Introduction On May 24, 2016, Alberta’s Environment and Parks Minister Shannon Phillips introduced Bill 20: the Climate Leadership Implementation Act, which implements the carbon levy on Albertans and Alberta businesses that the government previously announced under its Climate Change Leadership Plan. Bill 20 includes two new acts, the Climate Leadership Implementation… [Read More…] about Alberta’s Carbon Tax – Bill 20: The Climate Leadership Implementation Act

AER appeals Court of Queen’s Bench Redwater Decision

Source:
Date:

Courtesy of Alberta Energy Regulator. View original article here. The Alberta Energy Regulator (AER) has commenced an appeal of the May 19, 2016 Alberta Court of Queen’s Bench decision in the matter of Redwater Energy Corp. The decision allows receivers and trustees to disclaim AER licensed assets as a means of avoiding abandonment and reclamation… [Read More…] about AER appeals Court of Queen’s Bench Redwater Decision

Implications of the Redwater Decision – Where Does the Buck Stop?

Source:
Date:

Courtesy of Osler. View original article here. Introduction On May 17, 2016, the Alberta Court of Queen’s Bench released its eagerly awaited decision in Redwater Energy Corporation (Re), 2016 ABQB 278 regarding the intersection between the provincial oil and gas regulations and the federal bankruptcy and insolvency regime. At issue was whether the provincial regulatory regime… [Read More…] about Implications of the Redwater Decision – Where Does the Buck Stop?

AESO Updates Stakeholders on Alberta’s Renewable Electricity Program

Source:
Date:

Courtesy of Borden, Ladner and Gervais. View original article here. On March 3, 2016, the Alberta Electric System Operator (AESO) released a questionnaire seeking input into the design of Alberta’s Renewable Electricity Program (REP). The AESO received 138 responses to that questionnaire, and last week it updated the market on what it heard from developers,… [Read More…] about AESO Updates Stakeholders on Alberta’s Renewable Electricity Program

Alberta Court of Queen’s Bench Confirms the Regulatory Regime is a Complete Code That Applies to All Oil and Gas resources on Offshore and Frontier Lands

Source:
Date:

Courtesy of Osler. View original article here. On April 20, 2016 the Alberta Court of Queen’s Bench released Geophysical Service Incorporated v Encana Corporation, 2016 ABQB 230, following a common issues trial[1] involving a broad representation of oil and gas industry participants. The Court found that, though copyright can exist in seismic data, the Regulatory Regime[2]that applies to all… [Read More…] about Alberta Court of Queen’s Bench Confirms the Regulatory Regime is a Complete Code That Applies to All Oil and Gas resources on Offshore and Frontier Lands

Federal Budget Addresses the Taxation of Emissions Allowances

Source:
Date:

Courtesy of Stikeman Elliott. View original article here. Prior to the federal budget of March 22, 2016 (Budget 2016), the tax treatment of emissions allowances was governed by general principles of income tax law.  Budget 2016 proposes to introduce a specific regime that applies to emissions allowances. Pursuant to Budget 2016, emissions allowances will be treated as… [Read More…] about Federal Budget Addresses the Taxation of Emissions Allowances

British Columbia Supreme Court Decides that the Province Cannot Abdicate its Authority

Source:
Date:

Courtesy of Borden, Ladner and Gervais. View original article here. Recently the British Columbia Supreme Court (“Court”) released its reasons for judgment in Coastal First Nations v. British Columbia (Environment), 2016 BCSC 34. The BC Environmental Assessment Office (the “EAO”) had entered into an equivalency agreement (the “Agreement”) with the National Energy Board (“NEB”). The Agreement… [Read More…] about British Columbia Supreme Court Decides that the Province Cannot Abdicate its Authority

Notice – E-Reporting in effect under the British Columbia Environmental Management Act

Source:
Date:

Courtesy of Borden, Ladner and Gervais. View original article here. n December 2015, the Ministry of Environment sent notices to permit holders informing them that they would now need to e-report. The notices went out to 210 permit holders, all of which had annual fees of more than $20,000 or security/reclamation bonds greater than $100,000.… [Read More…] about Notice – E-Reporting in effect under the British Columbia Environmental Management Act

Final Guidance on Extractive Sector Transparency Measures Act – Get Ready to Enrol and Report

Source:
Date:

Courtesy of Osler. View original article here. The Canadian Extractive Sector Transparency Measures Act (the ESTMA) was proclaimed into force on June 1, 2015 and requires businesses involved in the resource exploration and extractive sector in Canada or elsewhere to file and publish reports on certain types of payments made to both domestic and foreign governments.  For… [Read More…] about Final Guidance on Extractive Sector Transparency Measures Act – Get Ready to Enrol and Report