CIPMA Connection

January 2021

MESSAGE FROM THE PRESIDENT JENNIFER STEWART

THANK YOU TO FRONT-LINE WORKERS THE LATEST ON CARBON PRICING ADVOCACY CORNER

HOW THE DOWNSTREAM SECTOR CAN HAVE SKIN IN THE GAME IN THE 'GREEN’ ECONOMY FUTURE

NEWS UPDATES

FULL MEMBERS

ASSOCIATE MEMBERS

CONNECTION CONTENTS

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| PRESIDENT'S CORNER

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| STAYING CONNECTED

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| THANKS TO OUR FRONTLINE WORKERS

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| THE LATEST ON CARBON PRICING

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| ADVOCACY CORNER

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| NEWS UPDATES

MISSION CIPMA’s mission is to ensure the sustainability and growth of a healthy and viable independent fuel marketing and distribution sector at both the wholesale and retail levels in Canada. Our specific goals include: Ensuring that independent fuel marketers thrive and have the opportunity to earn a fair and reasonable return that is proportionate to their business risk and capital investment, and ensuring that Canadian consumers and independent fuel marketers have access to a competitively priced and readily available supply of fuel products in all regions of the country.

MESSAGE FROM THE PRESIDENT JENNIFER STEWART | PRESIDENT & CEO Dear CIPMA Members, As we kick off the start of 2021 with a sense of renewed optimism, we are committed to advancing the government and industry policy issues that matter to you.

COVID restrictions across the country are evolving quickly as many provinces grapple with the second wave. CIPMA will continue to advocate on behalf of its members to ensure our retail sites and employees are protected as essential service providers so you can continue to do your important work for Canadians, safely.

Against the pandemic backdrop, governments at all levels, and most certainly the federal government, continue to drive their enviro-economic agendas forward. With the announcement of the federal government’s Healthy Environment and a Healthy Economy plan, Net Zero Accountability Act and the publication of the latest Clean Fuel Standard Regulations, we are working with our federal contacts and in close collaboration with other association partners to ensure our industry is represented and has a voice at the decision-making table.

Although the market changes our industry has faced in recent years have been daunting, they also present great opportunity for diversification in solutions for your customers and to expand existing retail potential.

To support you as we work through this evolution, and to ensure we are staying connected with you in this virtual environment, we have launched a series of new touchpoints, including rapid communications on policy issues and COVID restrictions; a new webinar series “CIPMA Presents, Industry Insights” with the goal of providing our members with the latest research-based analysis from notable industry leaders on the key issues impacting the downstream sector; and beginning February we will launch CIPMA’s Weekly Round-Up on priority policy tracking developments on matters of fuel supply, carbon pricing and the future of the sector.

We are also pleased to announce the upcoming launch of the Canadian Transportation Alliance (CTA). The concept of the CTA was spearheaded by CIPMA in partnership with the Fuels Institute and in close collaboration with the Canadian Fuels Association. The CTA is an independent and impartial alliance of players across a diverse cross-section of the transportation market working together to inform stakeholders and government through the commission of third-party research on issues impacting transportation sectors. We will be sure to keep our members up to date on the roll-out of the CTA which presents opportunities for our members to be a part of Canada’s long-term vision to provide low-carbon transportation solutions to Canadians.

We know this has been a tremendously challenging year for all. I want to take this opportunity to pay tribute to all of your front-line employees who show-up every day to support their communities. We are so grateful for each and every one of them.

As always, we are here to support our members. Don’t hesitate to reach out to us should you have any questions or concerns.

All the best,

Jennifer Stewart President and CEO Canadian Independent Petroleum Marketers Association Canadian Independent Petroleum Marketers Association | Connection 2021 |

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STAYING CONNECTED CIPMA CONNECTION 2020-2021 EVENTS, PODCASTS, WEBINARS PUMP CHATS Latest episodes now available: Episode 6 Bob Larocque, President and CEO, Canadian Fuels Assocation Bob Larocque, President and CEO, Canadian Fuels Assocation Episode 7, Ryan Dermody President, Norcan Petroleum Group Inc.

CIPMA PRESENTS: INDUSTRY INSIGHTS WEBINAR SERIES It was our great pleasure to host Geneviève Comtois, Head of E-Mobility Retail (Americas), Shell to get her insights on the future of EV retail in Canada. We welcome you to watch the recording here.

We look forward to hosting members for our next webinar in February 2021. Stay tuned for registration details!

CANADIAN FUEL MARKETING CONFERENCE Virtual event to be held in fall 2021.

Details to come!

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Being on the frontlines is not easy.

Your work and commitment matters to your community.

We are grateful for each and everyone of you!

On behalf of all our members, thank you.

Canadian Independent Petroleum Marketers Association | Connection 2021 |

GOVERNMENT POLICY UPDATE This latest feature of the newsletter will be published on a 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. The updates below are for the period beginning January 1st ending January 29, 2021.

would be used by the BCUC to determine what fuel data, submitted by reporting entities in the fuel industry, would be kept confidential or made publicly available.

• CIPMA has registered as an interested party and has submitted a letter of comment in relation to the current proceedings. The Framework Draft No.1 will be available for comments on Monday, February 8, 2021.

New Brunswick Energy and Utilities Board (NBEUB) Review of Retail Margins

WHAT'S NEW?

PROVINCIALLY British Columbia Utilities Commission (BCUC) - Fuel Price Transparency Act

• On December 1, 2020, (BCUC) announced that it is seeking public input in a current proceeding to establish a framework for the determination of confidentiality and treatment of protected information submitted in accordance with BC’s Fuel Price Transparency Act (FPT Act). The framework

• The NBEUB held its pre-hearing conference on January 14, 2021 on Matter 485, Review of Maximum Retail Margins, Delivery Costs and FullService Charge for Gasoline and Other Petroleum Product.

• Gardner Pinfold has once again been retained by the NBEUB to review the maximum retail margins that can be charged by petroleum product retailers and to provide the Board with a report on its findings.

• CIPMA has been confirmed as an intervenor in the process. The hearing will be held over three days, March 16 – March 19, 2021.

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CARBON PRICING ANALYSIS FEDERAL CARBON PRICING COMMITMENT In December 2020, as part of its commitment to achieving net-zero by 2050, the Government of Canada announced that the carbon tax will increase from its current $30 per tonne of greenhouse gas (GHG) emissions to $170 per tonne in 2030.

For the 2020 compliance year, the carbon tax is set at $30 per tonne of CO2-equivalent. If implemented, the new carbon tax measures will see a significant annual increase of up to $15 per tonne per year beginning in 2023 until it reaches $170 per tonne in 2030.

IMPACTS TO PROVINCES AND TERRITORIES The Government of Canada’s recently published rules for the Clean Fuel Standard (CFS) sets a national benchmark of GHG emissions of more than 21 megatons by 2030, leading to a reduction of approximately 13 per cent.

The CFS will require all provinces to match the federal increases in 2023 through to 2030. Should a province not meet the equivalent rate, a federal tax will be applied. The federal government has committed to reviewing provincial carbon schemes on an annual basis to ensure compliance.

SNAPSHOT: PROVINCIAL AND TERRITORIAL CARBON PRICING

Northwest Territories Carbon tax - 7.0 /L

Northwest Territories (effective July 2020) Carbon tax - 7.0 /L (effective July 2020)

(As of January 2021)

Yukon Carbon levy - 6.63 /L

Nunavut

Yukon (effective April 2020)

Carbon tax - 6.63 /L

Carbon levy - 6.63 /L (effective April 2020)

Nunavut (effective April 2020) Carbon tax - 6.63 /L (effective April 2020)

Newfoundland and Labrador Carbon levy

Newfoundland and Labrador For consumers – 6.63 ¢/L (effective November 7, 2020)

Carbon levy – Provincial performance-based system applies For companies For consumers – 6.63 ¢/L (effective November 7, 2020) For companies – Provincial performance-based system applies

British Columbia Carbon tax – 8.89 ¢/L (effective

British Columbia as of April 2019)

Carbon tax – 8.89 ¢/L (effective as of April 2019)

PEI Carbon levy

PEI For consumers – 6.63 ¢/L (effective April 1, 2020) Carbon levy – Federal output-based system For companies For consumers – 6.63 ¢/L (effective April 1, 2020) applies For companies – Federal output-based system applies

Nova Scotia Cap and trade program (effective as of January 2019)

Nova Scotia

Cap and trade program (effective as of January 2019)

Alberta Repealed carbon levy – Federal Carbon Backstop took effect

Alberta January 2020. Increasing to 6.63 ¢/L (as of April 2020)

Repealed carbon levy – Federal Carbon Backstop took effect January 2020. Increasing to 6.63 ¢/L (as of April 2020)

Saskatchewan Federal carbon backstop –

Saskatchewan Increasing to 6.63 ¢/L Federal carbon backstop – (as of April 2020) Increasing to 6.63 ¢/L (as of April 2020)

New Brunswick Manitoba

Québec

Flat green levy – 5.53 ¢/L

Cap and trade program (effective

Manitoba (July 1, 2020)

Flat green levy – 5.53 ¢/L (July 1, 2020)

Québec as of January 2013) Ontario

Cap and trade program (effective as of January 2013)

Carbon levy

New Brunswick For consumers – New 6.63 ¢/L (effective April 1, 2020) Carbon levy – Federal output-based system applies For companies For consumers 6.63 ¢/Lsystem (effective April 1, 2020) until transition–toNew provincial For companies – Federal output-based system applies until transition to provincial system

Emissions Performance Standard to

Ontario replace federal backstop

Emissions Performance Standard to replace federal backstop

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STATUS

INCREASE FORECAST

Carbon tax implemented in 2008.

In April 2019 carbon tax rate rose to $40 per tonne and will rise to $50 per tonne in 2021.

The federal government imposed its carbon tax backstop in January 2020. Alberta has appealed to the Supreme Court of Canada to overturn the decision. A ruling is expected sometime in 2021.

Alberta is charging $20 per tonne on emissions from facilities that emit more than 100,000 tonnes a year, from January to March 2020, and $30 per tonne until March 2021.

The federal government imposed its carbon tax backstop in April 2019.

Saskatchewan has also appealed to the Supreme Court of Canada to overturn the decision. A ruling is expected sometime in 2021.

The federal carbon tax was set at $20 per tonne of emissions over the federal thresholds in 2019 and rises $10 a year to $50 per tonne in 2022.

Implemented $25 per tonne, green levy in 2020 to replace the federal carbon pricing regime.

As of July 2020, Manitoba applied a flat $25 per tonne green levy alongside a reduction of the PST to six per cent. The plan is expected to yield higher GHG reductions from the outset and sustaining these emission reductions to 1.07mt (2018-2022).

Ontario

The federal output pricing system was imposed in 2019. The output system will be replaced by Ontario’s Emissions Performance Standard which was approved by the federal government in September 2020.

Ontario is also involved in the Supreme Court of Canada legal challenge.

Under the federal carbon tax regime, rates are scheduled to increase to 8.8 cents in 2021 and 11.1 cents per litre by April 2022.

Timing of the implementation of the Emission Performance Standard has yet to be determined.

Québec

Implemented cap-and-trade system in 2018.

With a cap-and-trade program, Québec is exempt from the federal government’s carbon tax regime. The minimum price per tonne for credits varies in the province, but it averages around $20.82 per tonne.

Implemented provincial tax in April 2020.

Rate started at $30 per tonne, subject to annual reviews to ensure compliance with federal benchmark requirements. Price increases to $40 per tonne in 2021, $50 per tonne in 2022.

Prince Edward Island

Implemented carbon levy in April 2019.

Carbon levy set at $20 per tonne. No scheduled increase available currently.

Newfoundland & Labrador

Carbon tax implemented in January 2019.

Carbon tax rate increase began at $20 per tonne. To ensure regional competitiveness, the carbon tax will only increase on gasoline and diesel beyond 2019 if fuel taxes increase in all four Atlantic provinces.

Implemented cap-and-trade system in January 2019.

Companies get an emission cap and can trade with other companies for emission allowances. The cost of emissions exceeding the cap starts at $20 per tonne (2019), rising by five per cent per year. Gasoline increase is expected to rise an extra 1.2 cents by 2022.

The federal government’s carbon pollution pricing levy took effect on July 1, 2019.

As of April 1, 2020, the pricing levy is $30 per tonne increasing to $40 per tonne on April 1, 2021 and $50 per tonne on April 1, 2022.

Carbon tax implemented in 2019.

As of 2019, a $20 per tonne of GHG emissions was applied to various types of fuel. The rates will increase annually until 2022 when it will reach $50 per tonne.

Carbon tax implemented in July 2019.

As of April 2019, a $20 per tonne rate, increasing to $30 per tonne in 2020, $40 per tonne in 2021, and $50 per tonne in 2022.

British Columbia Alberta

Saskatchewan

Manitoba

New Brunswick

Nova Scotia

Yukon Northwest Territories Nunavut

Government Resource Links: Federal Clean Fuel Standard Canada Gazette, Part 1, Volume 154, Number 51: Clean Fuel Regulations British Columbia Carbon Pricing Alberta Carbon Tax Repeal

SaskEnergy Federal Carbon Tax Manitoba Climate and Green Plan Ontario Emissions Performance Standard program Quebec, The Carbon Market, A Green Economy Growth Tool!

Made-in-New Brunswick Carbon Tax Prince Edward Island Carbon Levy

Newfoundland & Labrador Carbon Tax Nova Scotia Cap-and-Trade Program Carbon pricing in Yukon: Potential impact analysis Implementing the NWT Carbon Tax Carbon tax and the new Nunavut Carbon Rate

Additional Insightful Resources: Globe and Mail Special (Updated January 4, 2021) - What is carbon pricing in Canada? A guide to who’s affected, who pays what and who opposes it?

Norton Rose Fulbright (December 15, 2020) - Canada to increase carbon taxes by 566% Canadian Independent Petroleum Marketers Association | Connection 2021 |

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ADVOCACY CORNER HOW THE DOWNSTREAM SECTOR CAN HAVE SKIN IN THE GAME IN THE GREEN ECONOMY FUTURE

credibility at the same time.

Governments across the country are looking at how to diversify their transportation energy sources – from electric, hydrogen, nuclear to bio and renewable blends – all options are on the table and governments are keen to engage with stakeholders willing to be a part of a healthy enviro-economic future.

By Michelle Coates Mather, VP CIPMA

This presents a huge opportunity for fuel retailers to be part of and even take a leadership role in Canada’s transportation future in a few immediate and actionable ways:

The numbers are in: Canadians want to be champions of clean green energy.

Advocating for funding for renewable infrastructure

In two recent studies completed by Abacus Data in December 2020, we learn that two out of three people in Canada would like to see Canada “among the most ambitious” countries in the world when it comes to a shift towards clean energy. At the same time, Canadians are pragmatic about the evolution of the sector. Up to 48 per cent of Canadians believe it will take another 15 years for e-vehicles to replace traditional fuel vehicle sales around the world.

For many years now, the Canadian Government has had a renewable fuel mandate, and a handful of provinces have implemented their own criteria and average-based renewable fuel programs.

This polling tells us two things: change is on the horizon, but it won’t happen overnight.

Much like the entrepreneurs who lead them, fuel retailers have positive reasons to start proactively planning for future consumer trends while building their environmental

And the research is in: according to a 2012 study by Argonne National Laboratory using corn-based ethanol in gasoline reduces life-cycle greenhouse gas (GHG) emissions on average by 34%. Using cellulosic ethanol provides an even greater benefit. Depending on the feedstock, average emissions reductions of cellulosic ethanol compared to conventional gasoline range from 88% to 108% depending on feedstocks used, as noted by the US Department of Energy.

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CIPMA, along with industry partners, have been advocating to the Federal Government for funding for renewable fuel infrastructure at the retail outlets and terminals. These funds would be used to upgrade equipment to accommodate higher renewable fuel blends (think E15 – E25), in line with increasing government mandates and consumer demand for cleaner fuels.

service to carry this industry forward, and make sure it remains nimble, adaptive and iterative – much like the entrepreneurs who are at the helm of their organizations.

Funding for the equipment needed to handle higher renewable fuel blends would greatly alleviate a significant hurdle for many independent retail outlets to offer this product.

For our members and allied sector associations, being a part of the climate change solution means developing innovative, affordable, and reliable low-carbon clean energy retail options for consumers. That is why CIMPA is a founding partner of an organization that will launch later this year, called the Canadian Transportation Alliance (CTA).

Being a part of the ‘green economy’ narrative Since the last federal election, an ongoing awkward tension has persisted between a government steadfast in its commitment to climate change and meeting net-zero by 2050 and the oil and gas sector seemingly perceived to be at odds with this goal.

But it doesn’t have to be that way. Politicians looking to make inroads in energy rich provinces will need to extend olive branches and companies looking to create new jobs for Canadians post-pandemic will need to play ball on advancing the sustainability agenda.

While practicality will likely win the day, fuel retailers need to speak to proof points that their paths to environmental sustainability are already well laid.

Retailers have a particular story to tell – as an essential service to Canadians during this pandemic, they have insights and lessons to share. They have adapted their business models in an ever-changing market while pursuing opportunities for greater innovation at fuel retail sites to help improve our industry’s environmental and sustainability impacts as our industry does its part to work towards net-zero by 2050.

Opportunities to collaborate with cross-sector stakeholders on the future of the transportation sector is good business for retailers.

This group will operate as an impartial and independent, not-for-profit organization, drawing on the expertise of a diverse member-base of ‘transportation’ related organizations from sectors including but not limited to, electric, renewable fuels, vehicle manufacturers, refining, hydrogen, academia, and Indigenous groups.

The CTA will commission third-party, innovative research on issues that will impact the sector for years to come. The goal of the alliance is simple — provide objective research on emerging issues so that decisions can be made soundly.

To have skin in the game, the downstream sector needs to show it’s looking towards an innovative future, not protecting the status-quo.

The downstream sector has been responsive to the shift – they see the writing on the wall and understand that while consumer buying habits may not have shifted entirely in a new direction, their attitudes and desire to do so over time have. They have been willing contributors to the climate change discussion – engaging in the Federal Government’s Clean Fuel Standards development; aligning with provincial and territorial governments on biofuel blending; and introducing electronic vehicle charging stations at retail sites.

Retailers have an eye on the trends and understand the realities of the consumer market and what their habits might mean for clean growth business models of the future.

Research and Cross-Sector Collaboration We’re at a point in time where we need more than lip

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NEWS UPDATES Please note that all orange text in the following section is hyperlinked. If viewing electronically, you can click to read full articles.

GLOBAL IRAQ TO LOWER OIL OUTPUT TO COMPENSATE FOR OPEC BREACH Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year.

OPEC’s second-biggest producer will pump around 3.6 million barrels daily for the two months EU BANK CHIEF SIGNALS PHASEOUT OF FOSSIL FUEL FINANCE The European Investment Bank provides limited support for gas under its current policy and intends to end all funding for fossil fuels before the end of the year.

FRENCH OIL GIANT TOTAL LEAVES U.S ENERGY GROUP, MONTH AFTER EXITING CAPP French oil and gas company Total says it will ditch its membership in the U.S.-based American Petroleum Institute because it disagrees on climaterelated policies.The move follows its decision last July to drop out of the Calgary-based Canadian Association of Petroleum Producers and write off $9.3-billion worth of oilsands assets in Alberta.

UNITED STATES PRESIDENT JOE BIDEN REVOKES PRESIDENTIAL PERMIT FOR KEYSTONE XL PIPELINE EXPANSION Signing an executive order hours after he was sworn into office, U.S. President Joe Biden revoked the pipeline permit granted by the former president in 2019. The order states that the decision came following a review which determined, “the proposed Keystone XL pipeline would not serve the U.S National interest.

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BIDEN TO HALT NEW OIL AND GAS LEASES ON FEDERAL LANDS President Joe Biden is set to order the moratorium on Wednesday, according to sources familiar with his plans. The halt on new leases would apply to federal land and water, but wouldn’t affect exciting leases. The move is expected to be a prominent part in a series of climate actions the President is to take on Wednesday.

GENERAL MOTORS PARTNERS WITH NAVISTAR TO SUPPLY FUEL-CELL TECHNOLOGY FOR NEW SEMITRUCK GM will supply Navistar International with fuel-cell electric vehicle technology for a semitruck. The companies are billing the collaboration as part of a complete solution for customers. The deal includes privately held hydrogen-fuel company OneH2, which will be responsible for hydrogen production, storage, delivery and safety to fuel the truck.

NATIONAL

DEPUTY PRIME MINISTER FREELAND RESPONSE TO STRENGTHENING OF BUY AMERICAN U.S. President Joe Biden signs an executive order to strengthen Buy American provisions. Freeland insisted that the Canadian government knows ‘how to deal with’ American protectionism, saying “this is not a new thing.” The executive order directs agencies to close loopholes in how made-in-America products are measured.

TC ENERGY COULD MAYBE FIND A PATH FORWARD UNDER JOE BIDEN Despite halting construction on the Keystone XL pipeline in anticipation of Biden canceling the permit. TC Energy spoke optimistically of the future as it invited oil shippers to bid for capacity expected to be made available on the existing base Keystone export pipeline system.

OIL AND GAS INDUSTRY FORECASTS SMALL SPENDING RISE AFTER SLASHED BUDGETS IN 2020 A forecast calling for a modest increase in capital spending in the Canadian oilpatch this year after a tumultuous 2020 of budget slashing is being hailed as a sign of better times ahead for the industry.

The Canadian Association of Petroleum Producers said capital spending by oil and gas companies in Canada this year is expected to rise by $3.36 billion compared with 2020.

O’REGAN REBUFFS CALLS TO IMPOSE SANCTIONS ON U.S OVER KEYSTONE XL CANCELLATION Canada’s natural resource minister rejected calls to issue sanctions on the U.S over President Biden’s revoking of permits for the Keystone XL pipeline expansion. Saying that a entering a trade war is not in the best interest of Canada’s oil and gas workers, a statement supported by Prime Minister Trudeau.

TRANS MOUNTAIN PROJECT FACES A YEAR OF CHALLENGES AND OPPORTUNITY The strategic importance of the Trans Mountain pipeline project has significantly increased following the cancellation of the Keystone XL pipeline. In 2021, the project plans to make significant progress on work to twin the existing 1,500 kilometre Albertato-British Columbia pipeline. Hiring and project spending are expected to increase as additional sections of the pipeline are built.

WESTERN REGION SASKATCHEWAN ANNOUNCED NEW PROJECTS TO REDUCE METHANE EMISSIONS AND INCREASE GAS PRODUCING CAPACITY The three projects take advantage of the Government of Saskatchewan’s oil and gas incentives. Highrock Resources Ltd., along with its joint venture partner, Kindersley based Verdera Energy, is conditionally approved in the SPII program for their approximately $1.5 million investment in a new flare-gas-to-power project. Steel Reef is conditionally approved in the OGPII program for a project to expand gas processing facilities.

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ALBERTA OIL COMPANIES SAY THEY HAVE REACHED ‘NET NEGATIVE’ EMISSIONS Enhance Energy and Whitecap Resources both use carbon capture technology to stash emissions far below the surface. CO2 is stored using carbon capture technology, which also helps produce more oil. Both companies are reporting this has allowed them to achieve ‘net-negative’ greenhouse gas emissions.

TANSLINK EXPANDS BATTERY-ELECTRIC BUS FLEET WITH $16M PURCHASE Due to a $16 million investment from Canada’s gas tax, the first fully battery-electric bus line in Metro Vancouver will be fully operational in 2022. The federal government and TransLink said the money will be used to purchase 15 battery-electric buses from Canadian manufacturer Nova Bus. CLEAN SURREY ELECTRIC VEHICLE CHARGING NETWORK Federal, provincial and British Columbia municipal officials announced funding for the Clean Surrey Electric Vehicle Charging network. The project involves installing approximately 40 dual-port, level-2, electric vehicle charging stations at 10 community centres, recreation centres and pools across the city. The Government of Canada investing $274,054, through the Green Infrastructure Stream of the Investing in Canada plan. The Government of British Columbia is contributing $228,356 through the CleanBC Communities Fund, part of the Investing in Canada plan’s Green Infrastructure Stream, and the City of Surrey is contributing $182,727 to the project.

ONTARIO / QUÉBEC REGION CANADA INVESTS IN PILOT PROJECT TO REDUCE EMISSIONS IN QUÉBEC The Government of Canada announced a $97,000 investment to help a Quebec trucking company lower its fuel costs and reduce greenhouse gas (GHG) emissions form its heavy-duty vehicle fleet.

Funding is for installation of 296 SmartWay-certified aerodynamic equipment retrofits, which will reduce the annual GHG emissions of its 135 vehicles by an estimated 250 tonnes and improve the company's competiveness.

FUEL SHORTAGES POSSIBLE IN ONTARIO AND QUÉBEC IF MICHIGAN BLOCKS ENBRIDGE’S LINE 5 PIPELINE The mayor of Sarnia says the city faces potentially 5,000 jobs losses in the coming months, well the province faces potential fuel shortages if Michigan succeeds in shutting down the pipeline. Michigan Governor has served Enbridge with notice the state is cancelling a decades old easement allowing its Line 5 pipeline, which requires the shut in of the pipeline in May. Enbridge is challenging the easement cancellation in court and has vowed to continue using the line.

GM CANADA TO INVEST $1 BILLION FOR ELECTRIC VEHICLE PLANT IN ONTARIO Unifor members voted to approve General Motors Canada’s plan to invest $1billion in an electric vehicle plant in southern Ontario. Large-scale commercial production of BrightDrop EV 600s, an all-electric van, is set to begin next year.

ATLANTIC REGION IRVING OIL REQUEST FOR INCREASES IN PETROLEUM WHOLESALE PRICES Initial hearing into the request started January 25th, in front of the New Brunswick Energy and Utilities Board. Supporters for the increase are sighting the possibility of the company shutting down if their request is not approved, with those against it warning the board against being manipulated.

CANADA GREENLIGHTS THREE OFFSHORE DRILLING PROJECTS OFF NEWFOUNDLAND COAST Three fossil fuel firms are being allowed to proceed with offshore drilling plans in the Atlantic Ocean.

Environment and Climate Change Minister Jonathan Wilkinson announced that Chevron Canada, Equinor Canada, and BHP Petroleum (New Ventures) can move forward with drilling projects east of St. John's, N.L.

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Get to know companies and leaders from Canada’s gasoline and convenience sector in the new monthly podcast Pump Chats.

Hear from industry analysts on what’s next for the industry, how it's weathering COVID-19, and its evolution to a cleaner, more sustainable tomorrow.

NOW AVAILABLE EPISODE 7 Ryan Dermody President, Norcan Petroleum Group Inc.

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Wewant wanttotoshare sharethe thesuccesses successesofofour ourmembers.

Members.

We members. youwant wanttotofeature featureyour yourcompany’s company's IfIfyou company’srecent recent achievements,updates, updates,ororsimply simplywant wanttotobe be achievements, featured,please pleasereach reachout JenniferStewart Stewartatat featured, outtotoJennifer jstewart@cipma.org jstewart@cipma.org

Jennifer Stewart, President and CEO jstewart@cipma.org | Cell: 613.915.5699 MAILING ADDRESS | 3-1750 The Queensway, Suite 115 - Toronto, ON., M9C 5H5

Canadian Independent Petroleum Marketers Association | Connection 2021 |