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Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here . On January 13, 2021, the AER published a draft for a revised Directive 067: Eligibility Requirements for Acquiring and Holding Energy Licences and Approvals . The AER is currently seeking feedback for this draft, which aims to update the Directive that was last updated in December 2017. The goal of these changes is to support the Government of Alberta’s new Liability Management Framework and ensure liability obligations are taken into consideration before a licence is even granted. To this end, the new draft includes language in the “Obtaining General Licence Eligibility” section, where it defines “Unreasonable Risk” (Section 4.5). Of note, some of this language addresses liabilities both directly and indirectly as factors in deciding the eligibility of an applicant to get a licence in Alberta. These passages are as follows: In assessing whether the applicant, licensee, or approval holder poses an unreasonable risk, the AER may consider any of the following factors: the assessed […]
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