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Regulatory Bulletin, April 2024

Federal Budget 2024: Fairness for Every Generation Released

The Government of Canada released Budget 2024: Fairness for Every Generation, which aims to attract more investment in the net-zero economy by increasing economic investment tax credits, investing in research grants to provide good jobs for younger generations, and ensuring Indigenous Peoples share in this growth.

Furthermore, the Government of Alberta announced a series of new water-sharing agreements between the largest and oldest water licensees in southern Alberta to voluntarily reduce their water use if severe drought conditions develop this spring or summer.

In addition to these developments, the BC Ministry of Water, Land, and Resource Stewardship is acting on drought preparedness as a significantly higher risk of drought conditions looms for the upcoming spring and summer seasons.

Download the full document for further information on climate action initiatives and policy updates across Canada.

About: This bulletin highlights the regulatory changes and updates within the energy and natural resource sectors in North America that the Integrated Sustainability team has been tracking through April 2024.

Federal

  • Budget 2024: Fairness for Every Generation
  • CER Responds to Pipeline Incident Near Edson Alberta

Alberta

  • Extreme Drought Risk in Alberta Leads to Significant Water Sharing Agreements & Alberta Investing in New Technology
  • Alberta Introduces Bill 18 – Proposing Provincial Priorities Act
  • Migratory Bird Season
  • Conditional Adjustment of Reclamation Liability (CARL) Program & New Edition of Directive 088 & Manual 023
  • Directive Updates
  • Government Study of Water Shortage & Endangered Species in Southern Alberta
  • New AGS Interactive Map
  • Geophysical Application Changes
  • Updated Application Processing Timelines

British Columbia

  • BC Drought Preparedness
  • Emissions Reduction in BC
  • New All Hazards Map Released by BCER
  • Encouragement for Clean Electricity in BC

Saskatchewan

  • Water Security Agency Investing in Key Water Infrastructure Projects & Updated Runoff Forecast & Reservoir Fill
  • Government of Saskatchewan Refers Federal Oil & Gas Cap & ‘Methane 75’ Regulations to Saskatchewan Economic Impact Assessment Tribunal
  • Agreement on Aerial Geophysical Survey
  • SRC Importing Rare Earth Metals

Feature Report

  • Hydrogen Sector Insight

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The Regulatory Bulletin is sent at 12:30 PM, the first Thursday after month-end. This gives us a few days to assess all the regulatory updates from the previous month and highlight those with the largest impact – be that environmental, social, or economic. 

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