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ARTICLE · 01 MAY 2020

Emergency Legislative Amendments To Support Alberta's Oil And Gas Sector

Borden Ladner Gervais LLP
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On April 2, 2020, the Legislative Assembly of Alberta passed three emergency bills to address the COVID-19 pandemic in the Province.

CanadaEnergy and Natural Resources

On April 2, 2020, the Legislative Assembly of Alberta passed three emergency bills to address the COVID-19 pandemic in the Province. Among them was Bill 12, the Liabilities Management Statutes Amendment Act, 2020, which grants the Alberta Energy Regulator (AER or Regulator) new powers and funding to manage what the government anticipates will be a large rise in suspended or abandoned oil and gas projects in the wake of COVID-19. Jason Nixon, House Leader and Minister of Environment and Parks, suggested that Bill 12 would boost employment and protect jobs in Alberta's oil and gas service sector during these challenging times by creating jobs related to remediation and reclamation of wells and other production facilities.

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