New legislation to impact Alberta's electricity future
On June 11, 2018, the Alberta Legislature passed Bill 13, An Act to Secure Alberta’s Electricity Future. Bill 13 amends several existing statutes and provides the necessary legal framework for the establishment of an electrical generation capacity market.
Proposed Acquisition of Aecon by CCCI Blocked on National Security Grounds
The Canadian federal government has blocked a proposed takeover of construction firm Aecon Group Inc. by China Communications Construction Company International Holding Limited (CCCI) on the basis that the transaction would be injurious to Canada’s national security.