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Canada Issues Proposed Federal Greenhouse Gas (GHG) Offset Regulations - Environment

Enhanced Soil Organic Carbon The federal offset protocols are only intended to apply in those Canadian provinces and territories that do not address the same project activity through an existing regional offset program. Since the Minister is expected to recognize many of the common offset regimes currently enacted by provinces and territories (including those dealing with the production of renewable energy from wind or solar), it makes sense for the federal government to concentrate on finalizing these less common protocols. b. Application Criteria A project description, including location, start date, BAU and project scenarios An estimate of the total GHG reductions to be achieved by the

Key Developments In Canadian Insolvency Case Law In 2020 - Insolvency/Bankruptcy/Re-structuring

Bellatrix Exploration Ltd. (Bellatrix) obtained protection under the Companies Creditors Arrangement Act (Canada) (CCAA). At the time of the CCAA filing, Bellatrix was party to certain contracts with an energy producer (EP) for the purchase and sale of natural gas (Contract). Bellatrix sought to disclaim the Contract and cease delivery of natural gas to the EP. The EP argued that the disclaimer notice provided by Bellatrix was invalid because the Contract constituted an eligible financial contract (EFC) for the purposes of the CCAA. Under section 32(9) of the CCAA, a debtor company is not permitted to disclaim contracts that are EFCs. Pursuant to the express terms of the Contract, the

Blakes Competitive Edge™: February 2021 Update - Anti-trust/Competition Law

Welcome to the February issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust & Foreign Investment group. Blakes Competitive Edge provides an overview of recent developments in Canadian competition law, including updates on enforcement activity by the Canadian Competition Bureau (Bureau), recent initiatives and key trends. Key Highlights The number of completed reviews in January 2021 (15) is only 13 per cent lower than the number of completed reviews from January 2020 (17) and 27 per cent lower than the number of completed reviews from January 2019 (19), continuing to suggest that the number of filings is recovering after the reduction in filings observed in 2020 as a result of COVID-19.

New Transaction Review Thresholds Announced For Competition Act And Investment Canada Act - Anti-trust/Competition Law

Annual Review Of Federal Financial Institution Legislation - Coronavirus (COVID-19)

In a statement issued by the Superintendent released on July 13, 2020, OSFI signalled a gradual restart of OSFI s policy development work in the fall of 2020. On August 31, 2020, OSFI announced in a series of letters issued to industry that it would unwind certain of the temporary measures put in place at the beginning of the pandemic, including a gradual phaseout of the special capital treatment of loan and insurance premium payment deferrals that was provided to banks and insurers. On December 12, 2020, OSFI announced that the domestic stability buffer would remain at one per cent of total risk-weighted assets, stating that DSB reduction in March continues to be effective and

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