Forward Regulatory Plan 2017-2019: National Energy Board Designated Company Cost Recovery Regulations
Title or working title of the Regulatory Initiative:
National Energy Board Designated Company Cost Recovery Regulations
Description of the objective:
Enabling Act: National Energy Board Act; Pipeline Safety Act
On June 18, 2015, the Pipeline Safety Act received Royal Assent. The Pipeline Safety Act amends the National Energy Board Act and requires the NEB to make regulations to recover costs, expenses and damages associated with a pipeline release when a company has been “designated” by the Governor in Council (GIC). GIC may designate a company if there is a pipeline release and the responsible company: (i) is unable to pay the costs, expenses and damages associated with the release; or (ii) does not comply with an NEB order related to the release. The regulations will help ensure that such costs will be recovered from the designated company and other specified companies.
Indication of business impacts:
There may be business impacts. The “One-for-One” Rule and/or Small Business Lens may apply.
Public consultation opportunities:
Opportunities to comment are anticipated to occur by fall 2017. Stakeholders will have an opportunity to comment on the regulatory proposal, including through the Canada Gazette, Part I process. Communication on this matter will occur on the NEB’s website.
Rumu Sen, Supply Analyst
National Energy Board
Suite 210, 517 Tenth Avenue SW
Calgary, Alberta T2R 0A8
(403) 390-6177 or 1-800-899-1265
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