Subject matters | Details | Categories |
---|---|---|
Environment
|
Canada's policies governing GHGs and other emissions as it relates to petrochemical/chemistry facilities.
Canada’s policies to incent more private sector investment in research and development to combat climate change. Overall investment climate for petrochemicals in Canada versus competing jurisdictions.
|
Policies or Program
|
Transportation
|
Canada Transportation Act – NOVA Chemicals remains vigilant of provisions in the Transportation Act ensuring reliability and stability of rail service servicing NOVA Chemicals’ ethylene/polyethylene facilities, and co-products such as butane and propylene.
|
Legislative Proposal, Bill or Resolution, Regulation
|
Environment
|
Continue to engage the Government of Canada re: forthcoming regulations governing Green House Gas (GHG) emissions, and air emissions other than GHG in the longer-term.
|
Regulation
|
Immigration
|
Immigration - measures or provisions of interest would be in reference to VISA applications.
|
Policies or Program
|
Industry
|
Looking at government financial support for potential expansion of Canadian facilities.
|
Grant, Contribution or Other Financial Benefit
|
Energy
|
NOVA Chemicals will be seeking proactive federal policy that recognizes the importance of value-add in the energy supply chain and accruing maximum benefits from energy resources and projects for the benefit of Canadians.
|
Policies or Program
|
Energy
|
Pipelines – federal oversight of pipelines through Canada and the handling of natural gas liquids (NGLs).
|
Regulation, Legislative Proposal, Bill or Resolution, Policies or Program
|
Environment
|
Possible legislation to be introduced dealing with climate change; Regulatory Framework for Air Emissions – proposed changes to the Clean Air Act and the Canadian Environmental Protection Act (CEPA) regarding the impact of federal legislation on climate change and the competitiveness of the petrochemicals sector.
|
Regulation, Legislative Proposal, Bill or Resolution
|
Energy
|
Potential National Energy Board regulation of former NOVA Gas Transmission Limited pipeline, and consideration of how NGLs will be handled, and streaming of lean gas.
|
Policies or Program, Regulation
|
Environment
|
Pursue eligibility of planned projects under the Technology Fund provision (precertification) of the Regulatory Framework for Air Emissions.
|
Legislative Proposal, Bill or Resolution, Regulation
|
Transportation
|
Rail Transportation - to mitigate the risks of reliability to rail service which is an important mode of product shipment, due to strikes or other similar events.
|
Policies or Program
|
Taxation and Finance
|
Tax Policy – we continue to pursue accelerated Capital Cost Allowance (CCA) to strengthen the viability of capital projects (eg. writing off / depreciation of existing assets).
|
Policies or Program
|
Energy
|
The federal government’s approach to value-add in the energy sector, and ways this may impact the export of energy products to foreign markets.
|
Policies or Program
|
Environment
|
The treatment of plastics under CEPA and/or other regulatory mechanisms.
|
Legislative Proposal, Bill or Resolution
|
Subject matters | Details | Categories | Added date |
---|---|---|---|
Internal Trade
|
International Trade Issues associated with cross border trade between Canada and the USA, particularly proposed tariffs. Industry specific concerns to mitigate the economic impact and protect Canadian interests.
|
Legislative Proposal, Bill or Resolution
|
2025-02-14
|
NOVA Chemicals produces plastics and chemicals that are essential to everyday life. Our current businesses and joint ventures focus on ethylene and polyethylene. We develop value-added products and technology for customers worldwide that produce consumer, industrial and packaging products.
Roger Kearns, President and Chief Executive Officer
End date of the last completed financial year: 2024-12-31
Government Institution | Funding Received in Last Financial Year | Funding Expected in Current Financial Year |
---|---|---|
Government of Ontario - Jobs & Prosperity Fund (JPF) | $3,000,000.00 | No |
Strategic Innovation Fund (SIF) | $3,500,000.00 | No |
Address:
Suite 2100, 250 - 5 Street SW
PO Box 2518, Station M
Calgary, AB T2P 5C6
Canada
Telephone number:
403-750-3600
NOVA Chemicals Corporation does not have any subsidiaries that could have a direct interest in the outcome of the undertaking