British Columbia/EZ Policies
EZ Policies for British Columbia
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|Policy||Place||Policy Type||Active||Implementing Sector||Summary|
|Canada Oil and Gas Operations Act (Canada)||Canada||Environmental Regulations
Generating Facility Rate-Making
Safety and Operational Guidelines
Siting and Permitting
|Yes||Federal||The purpose of this Act is to promote safety, the protection of the environment, the conservation of oil and gas resources, joint production arrangements, and economically efficient infrastructures.
The act sets up a regulatory structure for licensing, permitting, equipment certification, safety and operational regulations and standards, land owner rights and the rights of access for exploratory and extraction operations, as well as prohibited areas.The act also addresses the fee structures, the development plan approval process, employee benefits and training standards, financial obligations, pipeline and transmission tariffs, purchasing agreements and sales, and legal recourse.
|Canada Small Business Financing Program (Canada)||Canada||Loan Program||Yes||Federal||Since 1961, the Canada Small Business Financing Program (CSBFP) seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses. It does this by encouraging financial institutions to make their financing available to small businesses. By sharing the risk with a financial institution, the program may help businesses secure up to $500,000.
Small businesses or start-ups operating for profit in Canada, with gross annual revenues of $5 million or less.
Not eligible under this program are farming businesses (Agriculture and Agri-Food Canada has a similar program for the farming industry — for information, visit www.agr.gc.ca), not-for-profit organizations, or charitable and religious organizations.
Up to a maximum of $500,000 for any one borrower is available, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment.
Financial institutions deliver the program. The decision to grant a loan rests entirely with the financial institution.
Loans can be used for financing up to 90% of the cost of:
- purchasing or improving land, real property or immovables - purchasing new or existing leasehold improvements - purchasing or improving new or used equipment
The interest rate is determined by individual financial institutions. The interest rate may be variable or fixed:
Variable rate: The maximum chargeable is the lender's prime lending rate plus 3%.
Fixed rate: The maximum chargeable is the lender's single family residential mortgage rate plus 3%.
A registration fee of 2% of the total amount loaned under the program must also be paid by the borrower to the lender. It can be financed as part of the loan.
The registration fee and a portion of the interest are submitted to Industry Canada by the lender to help offset the costs of the program for the government.Lenders are required to take security in the assets financed. Lenders also have the option to take an additional unsecured personal guarantee, which cannot exceed 25% of the total amount loaned.
|Canadian Environmental Protection Act 1999 (Canada)||Canada||Environmental Regulations||Yes||Federal||The Canadian Environmental Protection Act of 1999 (CEPA 1999) provides the legislative framework for Environment Canada, and outlines the provisions for the prevention and management of risks posed by toxic and other harmful substances.
The CEPA 1999 implements pollution prevention, procedures for the investigation and assessment of substances, and requirements with respect to substances that the Minister of the Environment and the Minister of Health have determined to be toxic or capable of becoming toxic, and provisions regarding animate products of biotechnology. The enactment also contains provisions respecting fuels, international air and water pollution, motor emissions, nutrients whose release into water can cause excessive growth of aquatic vegetation and environmental emergencies, provisions to regulate the environmental effects of government operations and to protect the environment on and in relation to federal land and aboriginal land, disposal of wastes and other matter at sea, and the export and import of wastes.The enactment provides for the gathering of information for research and the creation of inventories of data, which are designed for publication, and for the development and publishing of objectives, guidelines and codes of practice.
|Clean Electric Power Generation (Canada)||Canada||Grant Program
|No||Federal||The Clean Electrical Power Generation (CEPG) SSA consists of research and development (R&D) and late-stage development and demonstration of technologies for promoting clean, reliable and efficient power generation, both centrally and distributed, including the production of energy from renewable sources and the integration of these resources into the grid. It addresses the reduction of GHG emissions and toxic pollutants from the production of energy from fossil fuels, including through the development of clean coal and carbon dioxide capture and storage technologies, and it provides support for Canada’s participation in the treaty of the Generation IV International Forum (GIF) to develop advanced nuclear based energy systems. The CEPG distributed more than $117 million (Canadian) of NRCan funding for the period from 2003-04 to 2008-09. The total estimated CEPG funding from all sources for this period was $250.5 million.|
|Energy Monitoring Act (Canada)||Alberta
Newfoundland and Labrador
Prince Edward Island
|Yes||State/Province||This act requires that every energy enterprise file with the Minister a return setting out statistics and information relating to its ownership and control; financial information; information, including financial, about its exploration for, development, production, processing, refining and marketing of energy commodities; its energy commodity resources, reserves and properties; and its research and development programs. This law does not apply to corporations incorporated outside Canada. For oil and gas, dealer is required to file a return must also submit additional statistics, information and documentation that may be required by the Minister for any purpose.|
|Farm Credit Canada Energy Loan (Canada)||Canada||Loan Program||Yes||Non-Profit||Farm Credit Canada is a private institution, and offers financing for environmental solutions that can help farmers make environmental upgrades to operations and switch to renewable energy resources.|
|National Energy Board Act Part VI (Oil and Gas) Regulations (Canada)||Canada||Environmental Regulations
Siting and Permitting
|Yes||Federal||These regulations from the National Energy Board cover licensing for oil and gas, including the exportation and importation of natural gas. The regulations also cover inspections, reporting requirements, and purchase contracts.|
|National Energy Board Export and Import Reporting Regulations (Canada)||Canada||Generating Facility Rate-Making
Siting and Permitting
|Yes||Federal||These regulations of the Canadian National Energy Board are for the administration of importing and exporting energy, including natural gas and electricity.
For electricity, every holder of a license or permit for the exportation of electricity must submit to the Board, on or before the 15th day of each month, a return for the previous month that contains the quantities and dollar value, in Canadian currency, of electricity exported, by customer, by type (firm or interruptable) and by class of electricity transfer. If the exportation is 1,000 kW or less of power to each customer served, the returns may be submitted to the Board every six months.Exporters of natural gas must submit a return of the total quantity exported, the highest quantity exported, the value or price, the name of the customer, the province in which the gas was produced, the cost of transportation, and other information.
|Western Interstate Nuclear Compact State Nuclear Policy (Multiple States)||Arizona
|Siting and Permitting||Yes||State/Province||Legislation authorizes states' entrance into the Western Interstate Nuclear Compact, which aims to undertake the cooperation of participating states in deriving the optimum benefit from nuclear and related scientific or technological resources, facilities, and skills. The Compact is the legal basis for the Western Interstate Energy Board, which provides the instruments and framework for cooperative state efforts to "enhance the economy of the West and contribute to the well-being of the region's people." While originally intended to oversee nuclear issues, the Board's purview extends beyond nuclear power to state cooperation on general energy, electricity, and climate issues. The western states of Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming, along with associate members Alberta, British Columbia, and Saskatchewan, comprise the membership of the Board and are party to the Compact.|
|EcoAgriculture Biofuels Capital Initiative (ecoABC) (Canada)||Canada||Grant Program||No||Federal||The ecoABC Initiative was a federal $200 million four-year program ending on March 31, 2011 that provided repayable contributions for the construction or expansion of transportation biofuel production facilities. Funding was conditional upon agricultural producer investment in the biofuel projects, and the use of agricultural feedstock to produce the biofuel.|