Canada: Energy and Natural Resources

Canada's energy sector is undergoing a transformative period with substantial investment flowing into traditional oil and gas infrastructure, electricity generation, LNG facilities, critical minerals, and clean energy projects. As geopolitical uncertainty reshapes global energy markets, understanding Canada's unique regulatory framework—spanning federal and provincial oversight, Indigenous participation requirements, and evolving environmental permitting processes—has become essential for invest

In Canacol Energy Ltd. (Re) (“Canacol”), the Court of King’s Bench of Alberta (the “Court”) considered the proper scope of an order approving a monitor’s report and activities where the report addressed allegations that remained disputed and could be advanced in related Colombian proceedings.[1] The Court confirmed that interim approvals serve important purposes in insolvency proceedings, but cautioned that approval should not inadvertently determine—or appear to determine—issues that have not been adjudicated.

Le ministère de l'Énergie et des Mines de l'Ontario propose des modifications réglementaires qui exempteraient certains projets de transport d'électricité de l'obligation d'obtenir une autorisation de construire. Cette réforme vise à accélérer le développement des infrastructures électriques dans le cadre des appels d'offres concurrentiels lancés par la SIERE, tout en maintenant les exigences environnementales et de consultation autochtone.

For decades, the initial public offering occupied a privileged place in corporate finance. It represented the natural evolution of a successful private company and the principal gateway to large-scale growth capital. In Canada, public markets played a particularly important role in financing emerging businesses, especially in the resource, technology and life sciences sectors.

Canada's approach to Chinese investment in the mining sector may be shifting following the release of the Canada–China Economic and Trade Cooperation Roadmap in January 2026. While recent years have seen significant barriers to Chinese investment in critical minerals, the new roadmap suggests a more nuanced stance that could open opportunities in less strategically sensitive mining segments such as base and precious metals.

Canada’s mining sector is at an important inflection point. Against a backdrop of growing global demand for critical minerals and increased competition for investment capital, the Canadian federal government has recently introduced a series of tax measures designed to encourage investment and strengthen the competitiveness of Canada’s mining industry. For investors, these measures may meaningfully influence the after-tax economics of projects and financing structures across the mining value chain.

Canada's energy sector is undergoing a transformative period with substantial investment flowing into traditional oil and gas infrastructure, electricity generation, LNG facilities, critical minerals, and clean energy projects. As geopolitical uncertainty reshapes global energy markets, understanding Canada's unique regulatory framework—spanning federal and provincial oversight, Indigenous participation requirements, and evolving environmental permitting processes—has become essential for invest

The Canadian government has designated the Pacific Link Pipeline as a project of national interest and introduced Bill C-39, the Building Canada Strong Act, which proposes sweeping reforms to federal environmental assessment and project approval processes. These changes aim to streamline permitting timelines, reduce regulatory duplication, and coordinate Crown consultations while maintaining environmental protections and Indigenous rights.

In Canacol Energy Ltd. (Re) (“Canacol”), the Court of King’s Bench of Alberta (the “Court”) considered the proper scope of an order approving a monitor’s report and activities where the report addressed allegations that remained disputed and could be advanced in related Colombian proceedings.[1] The Court confirmed that interim approvals serve important purposes in insolvency proceedings, but cautioned that approval should not inadvertently determine—or appear to determine—issues that have not been adjudicated.

Canada has published two mandatory notices under the Canadian Environmental Protection Act requiring manufacturers, importers, and users to report information on 200 priority substances for chemical management purposes. Companies must determine if they meet reporting thresholds and gather supply chain data, with Phase 1 responses due March 2027 and Phase 2 responses due September 2027. Will your organization's chemical activities trigger reporting obligations under these new requirements?

Environment and Climate Change Canada has issued mandatory Section 71 notices under CEPA requiring Canadian businesses to report 2025 calendar year activity data for 200 chemical substances across two deadlines in 2027. The notices cast a wide net beyond bulk chemical producers to manufacturers, importers, distributors and retailers handling components, mixtures or finished goods containing targeted substances, with penalties of up to $500,000 for non-compliance.

Le 29 août 2026, Environnement et Changement climatique Canada a publié deux avis obligeant certaines entreprises ayant fabriqué, importé ou utilisé 200 substances spécifiques en 2025 à déclarer des renseignements détaillés. Ces exigences de déclaration s'appliquent largement aux importateurs, fabricants et utilisateurs de produits contenant ces substances, avec des seuils quantitatifs et des échéances strictes à respecter.