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February 5, 2013

Canada Sends Billion-Dollar Message to Big Oil

Jen Alic, OilPrice.com


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Canadian Prime Minister Stephen Harper may be about to get tough on offshore oil developers and pipeline companies with legislation that could make them liable for billions of dollars in the event of an accident.

The rumor is that Harper’s cabinet is pouring over some major legislation that would go a long way to appease environmentalists who view the country’s laws governing the sector as far too lenient.

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TAGGED: oil, canada

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