04:37:19 EDT Fri 29 Mar 2024
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Husky Energy Inc
Symbol HSE
Shares Issued 1,005,121,738
Close 2019-02-06 C$ 15.49
Market Cap C$ 15,569,335,722
Recent Sedar Documents

Globe says Husky, others hear senators question Bill-69

2019-02-07 07:42 ET - In the News

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The Globe and Mail reports in its Thursday, Feb. 7, edition that key senators are questioning whether the Liberal government's project assessment legislation will result in speedier approvals for major resource projects. The Globe's Shawn McCarthy writes that at a committee hearing on Wednesday, senators argued the legislation is too complex and lacking in clarity to give industry proponents any confidence that their projects will not be bogged down in interminable reviews, with uncertain results and the likelihood of court challenges when controversial developments are okayed. Despite government promises that good projects will be approved more quickly than is currently the case, Bill C-69 has been labelled the "no pipelines bill" by critics, with several provinces, including Alberta's NDP government, demanding significant amendments. In testimony on Wednesday, senior officials said the legislation contains several features that will make the review process more predictable, including an early planning phase in which parties will identify key issues to be assessed, tighter timelines and greater accountability by requiring ministers to publish reasons for decisions they make throughout the process.

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