Page 4 - Mine Financial Security Program News Today

Article content CALGARY — Last year’s oil price collapse has disrupted how Alberta’s government collects financial security from oilsands mining companies for environmental clean up. Alberta will unveil one-time changes to its Mine Financial Security Program (MFSP) for oilsands companies on Thursday to adjust for last year’s oil price crash. In addition, the province plans to launch a full review of the MFSP beginning this summer to address issues previously raised by the province’s a...

Financial deposits for reclamation work under review Alberta’s government is reviewing the Mine Financial Security Program to ensure appropriate funds are being collected to cover reclamation liabilities and ensure continuous program improvement. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. The Mine Financial Security Program (MFSP) is one of many liability management programs that ensure Alberta’s energy resources are develope...