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ARTICLE · 05 MAY 2020

Alberta Announces Site Rehabilitation Program To Fund Abandonment And Reclamation Activities

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On April 24, 2020, the Government of Alberta announced the creation of the Site Rehabilitation Program (the Program) to be launched May 1, 2020. The Program is the vehicle by which Alberta will distribute up to $1 billion...

CanadaEnergy and Natural Resources

On April 24, 2020, the Government of Alberta announced the creation of the Site Rehabilitation Program (the Program) to be launched May 1, 2020. The Program is the vehicle by which Alberta will distribute up to $1 billion from its share of the $1.72 billion in federal funding to support Alberta, Saskatchewan and British Columbia's work to clean up orphan or inactive oil and gas wells, pipelines and facilities. 

Funding for closure and reclamation is one of several measures included in the federal government's COVID-19 Economic Response Plan for the Canada's Energy Sector announced on April 17, 2020. The federal government's response also includes a $750-million repayable loan program through Natural Resources Canada to support eligible energy sector firms in making capital investments necessary to reduce greenhouse gas emissions, with a focus on methane. In addition, as of April 17, 2020, the Business Credit Availability Program was expanded to include

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