GOVERNMENT POLICY UPDATES CANADA’S ENERGY POLICY LANDSCAPE This latest feature of the newsletter will be published on a bi-monthly basis. The update serves as a recap and reference point for our members on the latest policy impacts on the energy market. We will continue to monitor and communicate any changes in policy directly to members as it happens. As this is the first in our bi-monthly series, we have backdated our updates to capture policy directives as of July 2020.
WHAT'S NEW?
NATIONALLY
Feds table net-zero plan while Supreme Court of Canada adjourns carbon tax hearings without decision
In September, following a brief two days of hearings for and against the federal government’s carbon tax, the Supreme Court of Canada adjourned without a decision. The high court is to deliver a ruling on three separate legal challenges of the carbon pricing policy — launched by the provinces of Saskatchewan, Ontario, and Alberta — at an unspecified future date. Against this backdrop and to show it is doubling down on their pursuit of a green, post-pandemic recovery the federal government tabled the Canadian Net Zero Emissions Accountability Act on November 19, 2020. The Act provides a legally binding process for the government to set national targets, bringing forward
Canadian Independent Petroleum Marketers Association | Connection 2020 |
3
