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Regulatory Bulletin, September 2024

Funding for Critical Minerals Development & Clean Energy

The federal government announced an investment of up to $60 million through the Critical Minerals Infrastructure Fund for two critical minerals infrastructure projects in Northern British Columbia and the Yukon. These investments are aimed at advancing Canada’s clean energy transition by unlocking essential mineral resources like copper and cobalt, while creating jobs and foresting partnerships with Indigenous communities.

Other key features include a dual investment from the federal and BC governments for clean economy infrastructure projects such as more energy efficient building, clean energy, and better access to clean transportation options across the province.

Additional funding announcements came from the Government of Saskatchewan for 13 industry driven emissions reduction projects. The projects are expected to cumulatively reduce close to 4.6 million tons of carbon dioxide equivalent as a result of reducing methane emissions from flaring and venting, upgrading equipment for enhanced energy efficiency, and deployment carbon capture and storage technologies.

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 Western Canada that the Integrated Sustainability team has been tracking through September 2024.

Federal

  • Canada Funds Critical Minerals Development in BC & Yukon
  • Funding for Species at Risk under the Habitat Stewardship Program

Alberta

  • Provincial Government Officials Advancement of Alberta’s Energy Sector
  • Alberta Funds Carbon Capture Facility Design Study
  • Updates to Consultation Guidelines

British Columbia

  • Province-Wide Investment for Clean Economy Infrastructure Projects
  • BCER Introduces New Methane Regulations for Oil & Gas Sector
  • BCER Releases 2023 Oil & Gas Reserves & Production Report

Saskatchewan

  • Provincial Funding for 13 Industry Driven Emissions Reduction Projects

Feature Report

  • Carbon Market Updates Following Climate Week

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