CANADIAN ASSOCIATION OF OILWELL DRILLING CONTRACTORS
Registration:
43
of
56
(2020-11-16
to
2021-02-12)
Grant, Contribution or Other Financial Benefit
- Federal Government to consider establishing a Canadian Drilling Safety and Sustainability Grant that would ensure Canada's drilling rigs are ready to go back to work when the economy improves.
Grant, Contribution or Other Financial Benefit, Policies or Program
- Federal Government to allow offshore drillers to access the Ocean Supercluster Fund without a location guarantee.
- Federal Government to consider introducing additional liquidity support measures through unsecured and subordinate financial instruments.
- Federal Government to develop and implement a tax policy to encourage year-round offshore drilling operations.
- Federal Government to provide geothermal drilling incentives
- Federal Government to purchase tax pools from Association drilling and service rig members.
Policies or Program
- Federal Government to defer Canadian drilling and service rig companies' GST and payroll remittance interest free for six months instead of the current June 30 program.
- Income Tax Policy, Declaration of Exemption - Special Work Site Allowances and Kilometric Allowances
- Support for oil and gas development and pipelines
Policies or Program, Regulation
- Federal Government to align the Maritimes region's intake and Certificate of Fitness process with other international bodies.
- Federal Government to provide offshore drilling operators with more visibility on well approvals.
Regulation
- Federal Government to exempt service rigs from the Motor Vehicle Transport Act.