Safe and Accountable Rail Act   in a special account in the consolidated revenue fund. Together these measures would ensure adequate resources were available to cover the liabilities associated with a disaster of the magnitude of Lac-Mégantic. Through this, the bill before us would establish the polluter pays principle

Safe and Accountable Rail Act   that fund back up to the amount it needs to be in order to ensure that taxpayers are not ultimately on the hook for the costs and that it truly is the polluter pays principle. There is a limit on the capitalization of the fund, but beyond that there is the ability for us to go back

Safe and Accountable Rail Act   the cost, not the taxpayers. This is consistent with the polluter pays principle and is similar to the approach taken in marine transportation; the costs associated with an incident are shared by industry. Crude oil shippers are included in the amendments before us today

Canada Shipping Act   in the unlikely event of a spill. We have brought in polluter pays legislation for both offshore and onshore, with billion dollar conditions for spill response and cleanup. These measures underline that when it comes to transporting our natural resources, whether by pipeline, rail, or tanker

Canada Shipping Act   will pay, not taxpayers. We recently introduced the pipeline safety act, which would enshrine in law the principle of polluter pays. To ensure that pipeline companies can respond in the unlikely event of a major incident, they would be required to maintain the highest minimum financial

Citizen Consultation Preceding Natural Resource Development  , which will enhance Canada's world-class pipeline safety regime by building on the principles of incident prevention, preparedness and response, as well as liability and compensation. The pipeline safety act will enshrine the polluter pays principle into law. This will ensure

Transport committee   them up quickly if they do occur and, of course, ensure that polluters pay. To give you an example, last fall I announced that we'd provide up to $20 million over three years to Ocean Networks Canada for its smart ocean initiative, which supports the world-class tanker safety

Pipeline Safety Act   not be just insurance. Pipeline operators would be required to keep a portion of that money, $100 million, readily available for rapid response if an incident should occur. On liability and compensation, the third pillar, the bill would enshrine the polluter pays principle. We believe

Pipeline Safety Act   measures would focus on preventing incidents from occurring, improving our ability to prepare and respond to events, and ensuring that the polluter pay through a tougher liability and compensation regime. In terms of prevention, we would tap into the expertise of the National Energy

Pipeline Safety Act   financial requirements. For example, companies operating major oil pipelines would now be required to demonstrate that they have $1 billion in financial resources. With regard to liability and compensation, the legislation would enshrine the polluter pays principle in law. This would

Pipeline Safety Act   government body, or any person. As with the energy safety and security act, which is currently in the Senate, the pipeline safety act would include a firm statement of the principle of polluter pays. Taxpayers would not be left holding the bag. Companies would bear the full cost

Pipeline Safety Act  . This legislation would build on previous pipeline safety measures that increased the number of inspections and audits, and that gave the National Energy Board the authority to levy administrative monetary penalties. For the first time, we will enshrine the polluter pays principle in law, so

Pipeline Safety Act   pipelines to have $1 billion in financial resources at their disposal, with sufficient resources always on hand to ensure an immediate and effective response. We would enshrine the polluter pays principle in law so that polluters, not Canadian taxpayers, would be held financially

Pipeline Safety Act   to directly administer tough new penalties that would address contraventions quickly so that larger issues would not arise in the future. We would enshrine the polluter pays principle in law so that polluters, not Canadian taxpayers, would be held financially responsible for the costs

Energy Safety and Security Act   dear to my heart, which is the nuclear energy industry in Canada. On the offshore oil and gas exploration side, this bill would carry out an important act by clearly enshrining the polluter pays principle in legislation. That is important. It would recognize that when