fleetcor technologies , inc provides fuel cards and workforce payment products and services .

their customers include businesses , commercial fleets , oil companies , petroleum marketers and government in america , europe and brazil .

the company provides services through two segments : north american and international segments .

fleetcor ’s predecessor company was founded in the united states in 1986 .

fleetcor

fleetcor : fleetcor investigation initiated by former louisiana attorney general kahn swick foti llc . . .
glassdoor has 236 fleetcor reviews submitted anonymously by fleetcor employees . read employee reviews and ratings on glassdoor to decide if fleetcor is right for you .
press release : fleetcor : kaskela law llc announces investigation of fleetcor technologies , inc . on behalf of stockholders
press release : fleetcor : federman & sherwood investigates fleetcor technologies , inc . for possible violations of federal securities laws
you probably haven ' t heard of fleetcor technologies . fleetcor is a norcross , ga . - based payments solut . . .
owler has collected 18 screenshots of fleetcor ' s website since oct 2012 . the latest fleetcor website design screenshot was captured in mar 2018 .
fleetcor currently has 18 followers on twitter . as of july 2013 fleetcor had 13 followers . that ' s a 38 percent increase in 3 years
fleetcor currently has 720 fans on facebook . as of july 2013 fleetcor had 11 fans . that ' s a 6445 percent increase in 5 years
fleetcor ' s chairman & ceo , ronald f . clarke , currently has an approval rating of 73 % . fleetcor ' s primary competitors are
fleetcor is a independent global provider of fleet , fueling , and specialised payment solutions . fleetcor ' s headquarters is in norcross , georgia . fleetcor has a revenue of $ 2 . 3b , and 7 , 890 employees . fleetcor has raised a total of $ 291 . 5m in funding . fleetcor ' s main competitors are wex , wex and 360fuelcard . as of june 2018 , fleetcor has 720 fans on facebook and 18 followers on twitter .
radnor , pa . - - ( business wire ) - - kaskela law llc is investigating fleetcor technologies , inc . (
fleetcor . . .
since fleetcor was founded in 2000 , it has participated in 1 round of funding . in total fleetcor has raised $ 291 . 5m . fleetcor ' s funding round was on dec 2010 for a total of $ 291 . 5m
fleetcor invest : kahn swick & foti , llc investigates the officers a . .
fleetcor technologies : neeyamo inc . and cambridge global payments partner to en . .
fleetcor technologies ( flt ) presents at william blair 2018 growth stock confe . .
fleetcor ! that is all . . . for now ! have a great day !
fleetcor investigation initiated by : kahn swick & foti , llc investigates the o . .
kaskela law llc : announces investigation of fleetcor technologies , inc . on beha . .
fleetcor technologies inc . bears ultimate responsibility for ensuring the compliance of fleetcor uk with tax law and regulations , the management of tax risks and providing information for our stakeholders .
fleetcor technologies , inc . ( flt ) dividend date & amp ; history - urltoken
given solid earnings and sales growth along with potential accumulation signals , fleetcor technologie . . .
wex is fleetcor ' s # 2 rival . wex ' s headquarters is in , , and was founded in null . wex generates 0 . 43 % of fleetcor ' s revenue .
fleetcor is a independent global provider of fleet , fueling , and specialised payment solutions . fleetcor was founded in 2000 . fleetcor ' s headquarters is located in norcross , georgia , usa 30092 . it has raised 291 . 5m in 1 round . the latest round was in . . .
wex is fleetcor ' s biggest rival . wex was founded in south portland , maine } in 1983 . wex operates in the systems software industry . compared to fleetcor , wex generates $ 1b more revenue .
360fuelcard is fleetcor ' s # 3 competitor . 360fuelcard was founded in 2009 in fredericksburg , virginia . 360fuelcard operates in the business support services industry . 360fuelcard generates $ 2 . 3b more revenue than fleetcor .
the known tax risks and applicable controls , as they exist for fleetcor uk , are set out below .
at the time , fleetcor also released earnings data that saw revenue in q1 up 25 percent , surpassing expectations .
love the culture at fleetcor . its people are professional , friendly and smart . pays well and host fun socials .
this document sets out fleetcor’s approach and strategy for handling its tax affairs and managing tax risk of its uk companies .
more m & a activity in the fleet management space continues as michelin acquires assets from fuel card company fleetcor technologies .
current and historical revenue for fleetcor technologies ( flt ) from 2009 to 2018 . the sum of all revenue fields included for a company ' s operating activities . the current revenue for fleetcor technologies as of march 31 , 2018 is .
fleetcor ' s revenue is the fifth highest among it ' s top 10 competitors . the top 10 competitors average $ .
fleetcor has employees and is the first highest among it ' s top 10 competitors . the top 10 competitors average 973 .
these are all the companies that fleetcor has acquired . fleetcor has acquired 10 companies and its latest acquisition was creative lodging solutions llc in nov 2017 . creative lodging solutions is a lodging travel management platform that offers reservation , billing , payment and reporting solutions .
comdata , a fleetcor company ( nyse : flt ) and leader in corporate payment innovation , today unveiled a . . . .
fleetcor technologies , inc . ( nyse : flt ) , a leading global provider of commercial payment solutions , t . . .
these are all the companies that fleetcor has invested in . fleetcor has invested 10 companies and its latest investment was creative lodging solutions llc in nov 2017 . creative lodging solutions is a lodging travel management platform that offers reservation , billing , payment and reporting solutions .
our company fleetcor ( nyse : flt ) is a leading independent global provider of specialized payment products and services including fleet . . .
fleetcor is a leading global provider of fuel cards and workforce payment products to businesses . fleetcor ' s payment programs enable businesses to better control employee spending and provide card - accepting merchants with a high volume customer base that can increase their sales and customer loyalty . fleetcor serves commercial accounts in north america , south america , europe , and australia / new zealand . for more information , please visit urltoken .
fleetcor uk operates within the parameters of its tax policy and / or code of conduct . all decisions made by fleetcor uk demand a detailed risk assessment to consider financial return , financial risk , liability to tax and reputational risk . fleetcor uk recognises that it has a responsibility not only to deliver returns and value for its shareholders but also to ensure that its tax liabilities are properly calculated and paid . the tax strategy at fleetcor uk ensures that our legal requirements are met . fleetcor uk ensures that tax risk , reputation , brand and corporate responsibilities are considered as fundamental parts of every business decision . owner : - fleetcor finance version no : - final effective from : - march 2017 review date : - march 2018 classification : - external authorised by : european cfo printed copies of this document are for reference only
fleetcor serves over 500 , 000 commercial accounts with millions of cardholders across the united states , canada , mexico , europe , africa and asia .
it applies to all companies that form a part of the fleetcor uk acquistion limited group , the companies are listed in appendix a . the members of the group are subsidaries of a us based parent called fleetcor tecnologies inc . , this is a public traded company on the new york stock exchange .
( 4 - traders . com ) fleetcor technologies , inc . ( nyse : flt ) , a leading global provider of commercial payme . . .
fleetcor accepts the als ice bucket challenge from granite telecommunications . we challenged wells fargo , cgi , nextraq , comdata , chevron and wex to complete the # icebucketchallenge
“we are excited to join the fleetcor team . this is the right fit and a natural evolution of our business . fleetcor brings synergistic corporate payment products , access to a much greater global footprint , and deep pockets that will allow cambridge to accelerate its growth trajectory , ” said gary mcdonald , chief executive officer of cambridge .
peachtree corners , ga . - - ( business wire ) - - fleetcor technologies , inc . ( nyse : flt ) , a leading global pr . . .
peachtree corners , ga . - - ( business wire ) - - fleetcor technologies , inc . ( nyse : flt ) , a leading global pro . . .
peachtree corners , ga . - - ( business wire ) - - fleetcor technologies , inc . ( nyse : flt ) , a leading global p . . .
norcross , ga . - - ( business wire ) - - fleetcor technologies , inc . ( nyse : flt ) , today announced that the com . . .
i don’t think there’s anything that can be done by management here . they’re required to follow fleetcor’s lead and unfortunately a lot of good hard workers have lost their jobs .
fleetcor technologies inc . governance manual contains a group - wide tax risk management framework with which all subsidiaries comply . this framework sets out owner : - fleetcor finance version no : - final effective from : - march 2017 review date : - march 2018 classification : - external authorised by : european cfo printed copies of this document are for reference only
© 2011 fleetcor , llc | 5445 triangle parkway suite 400 | peachtree corners , ga 30092 | 800 . 877 . 9019 ( toll free ) | 770 . 449 . 3471 ( fax )
fleetcor is headed by a versatile team of seasoned executives with deep industry and financial expertise , making us a unique and well - rounded organization that understands the needs of businesses of all sizes .
© 2011 fleetcor , llc | 5445 triangle parkway , suite 400 , peachtree corners , ga 30092 | 800 . 877 . 9019 ( toll free ) | 770 . 449 . 3471 ( fax )
tick this box if you consent to us sharing your information with other companies from the fleetcor group of companies , who may contact you in relation to fuel card , or other vehicle related services .
“we expect the acquisition to be accretive to earnings in 2017 and our financial leverage will approximate 2 . 9x post - close , ” said eric dey , chief financial officer of fleetcor technologies , inc .
fleetcor uk has a well - established relationship with the uk tax authorities and co - existent compliance procedures that ensure the submission of timely , accurate and complete tax returns . all material positions taken in such returns are supported by contemporaneous disclosure of supporting documentation and any accompanying explanatory legal analysis . fleetcor uk deploys compliance and risk monitoring systems and internal audit reviews of all tax compliance activity across the uk group . owner : - fleetcor finance version no : - final effective from : - march 2017 review date : - march 2018 classification : - external authorised by : european cfo printed copies of this document are for reference only
the process for defining tax risk , the identification of tax risk , reporting , management and escalation of tax risks . in addition to this fleetcor uk operates its own tax code of conduct / tax policy .
fleetcor ( nyse : flt ) is a leading independent global provider of specialized payment products and services including fleet cards , food cards , corporate lodging discount cards and other specialized payment services for businesses throughout the world .
the acquisition follows just two months after fleetcor announced plans to make its own takeover . in may , the company said it would purchase cambridge global payments for $ 675 million to strengthen earnings under its fleet payment services .
the chief executive officer and chief finance officer of fleetcor technologies inc regularly report the complete tax position , including the tax risk status , of fleetcor uk to the group audit committee ( gac ) . this occurs on at least four occasions in each fiscal year . the gac comprises at least three board members with financial management expertise . reporting and scrutiny by the gac ensures unified risk oversight throughout the group and guarantees a consistent and integrated approach .
alston & bird llp served as legal counsel to fleetcor . morgan , lewis & bockius llp served as legal counsel to cambridge , and financial technology partners ( ft partners ) served as exclusive strategic and financial advisor to cambridge .
responsibility for tax strategy and the management of tax risk within the uk rests with the european chief financial officer , with delegated day - to - day responsibility for our tax functions performed by financial controllers and fleetcor uk tax teams .
“we have followed the international payments market for several years and are excited to announce the acquisition of a global leader in the industry , ” said ron clarke , chairman and chief executive officer of fleetcor technologies , inc . “we like the strategic fit with cambridge as they focus on international ap payments while fleetcor , via comdata , focuses on domestic ap payments . given that all of cambridge’s customers have domestic ap to pay , we believe the acquisition will result in substantial synergies by integrating comdata’s domestic ap automation and virtual card solutions into cambridge’s client base . moreover , we believe that this global ( domestic and international ) ap automation capability will differentiate fleetcor’s solution in the marketplace to deliver a more holistic global ap solution . ”
fleetcor uk international management limited was set up on 26 apr 2007 and has its registered office in knaresborough . its current status is listed as
active
. it currently has one director . the company ' s first director was charles richard freund .
the group’s tax policy is also reviewed and approved by the ultimate parent company of the group , fleetcor technologies , inc . , to ensure that the tax policies are aligned with the overall tax policies of the parent company and all of its worldwide subsidiaries .
fleetcor uk has outlined its management of tax risk within an internal tax policy document . the document sets out stringent levels of controls and scrutiny to ensure that risks do not materialise , plus it states that tax risk will be kept to a minimum level .
fleetcor technologies , inc . ( nyse : flt ) , a global provider of fuel cards and workforce payment products to businesses , announced today that it has signed a definitive agreement to acquire cambridge global payments ( “cambridge” ) , a leading b2b international payments provider .
i have been here for 3 months and am so happy that i decided to make the move to join the fleetcor team ! i really enjoy my job . the benefits are great and the people i work with are great . i enjoy coming to work every day !
the transaction price is approximately $ 675 million , which will be financed using a combination of existing cash and borrowings under fleetcor’s existing credit facility . the transaction is expected to close in the third quarter of 2017 , subject to regulatory approval and the satisfaction of customary closing conditions .
the top 10 competitors in fleetcor ' s competitive set are wex , wex , 360fuelcard , electronic funds source , fleet one , fleet complete , edenred , sodexo , fueltrac and spencer global associates . together they have raised over 1 . 1b between their estimated 431 . 0k employees .
the company has an open and honest and positive working relationship with hmrc and is committed to to prompt disclosure and transparency in all tax matters with hmrc . fleetcor’s approach to hmrc is one of a proactive stance making sure any potential issues are dealt with quickly and in a consultantive way .
fleetcor manages relationships with more than 800 partners , ranging in size from major oil companies to small petroleum marketers with a single fueling location . we provide services ranging from transaction processing to full program management . our platforms , programs and infrastructure are both adaptable and scalable , allowing us to fulfill the requirements of a broad range of partners .
looking at the flt split history from start to finish , an original position size of 1000 shares would have turned into 1000 today . below , we examine the compound annual growth rate — cagr for short — of an investment into fleetcor technologies shares , starting with a $ 10 , 000 purchase of flt , presented on a split - history - adjusted basis factoring in the complete flt split history .
legislation and revisions to the existing statutory and regulatory law affects our business and the business of our customers . tax risk flowing from legislative change is effectively managed to a minimum by clear professional comprehension and the prevention of unnecessary dispute . continuing professional development is demanded and deployed by the european cfo and the subordinate tax team at fleetcor uk to ensure a robust , relevant and up - to - date technical understanding of the applicable law . in the event of uncertainty on the application or interpretation of any prevailing statutory provision , appropriate written advice is sought from hmrc and expert third party advisors to support the decision - making process .
the tax team at fleetcor uk and the cfo ensure that tax functions are involved in all elements of the business and all procedures including business and share acquisitions and disposals , changes in corporate structure , cross - border financing arrangements , all significant business transactions , all cross - border trading arrangements , and significant new processes affecting tax compliance . all business decision - making demands a detailed risk assessment including an assessment of the financial and non - financial costs and benefits , an assessment of risk / reality probability , the performance of due diligence of those companies suitable for acquisition , analysis of potential disputes and dispute resolution mechanisms and overarching recommendations .
the company will host a conference call to discuss second quarter 2017 financial results today at 5 : 00pm et . hosting the call will be ron clarke , chief executive officer , and eric dey , chief financial officer . the conference call can be accessed live over the phone by dialing ( 877 ) 407 - 0784 , or for international callers ( 201 ) 689 - 8560 . a replay will be available one hour after the call and can be accessed by dialing ( 844 ) 512 - 2921 or ( 412 ) 317 - 6671 for international callers ; the conference id is 13667017 . the replay will be available until august 10 , 2017 . the call will be webcast live from the company ' s investor relations website at investor . fleetcor . com .
having spent most of my professional career at a fortune 500 company , i ' ve seen a broad spectrum of good and not - so - good people come and go . i consider myself a good judge of both character and talent , and i ' d put everyone i interact with at fleetcor up there with the best i ' ve seen . the company truly cares about it ' s employees , and demonstrates that by giving them autonomy , flexibility , and a fair comp package . in return for this i would note that expectations are high , and we have a culture where performance matters more than seniority . but i ' d choose that every day over a company that views seniority as more important than performance . ultimately , i have the opportunity to have a meaningful impact on company every day , and that is what i like the best about my job .
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since 2000 , we have grown to be a global leader in fleet cards and specialized workforce payment products and services for businesses . our experience with innovation through the years has allowed us to provide the best solutions possible to our customers around the world .
acquired epyx , a saas system and a network of vehicle repair garages serving fleet operators in the uk .
we have spent more than a decade working to provide the best solutions for fleets developing specialty payment solutions around the world that help employers control spending and save money .
we believe that business works best when everyone involved is informed and empowered . we are dedicated to making sure that you are always aware of our investments , achievements and strategies .
phone : ( 770 ) 417 - 4697 e - mail : james . eglseder @ urltoken
we are always available to take your questions and feedback . use the lists below to find the right location to field your inquiry .
the fuelcard company st . james business park grimblad crag court knaresborough hg5 8qb united kingdom
petrol plus region , llc 38 a , str . 2 - ya khutorskaya , bld . 8 moscow , russia 127287
ctf technologies do brasil ltda av . imperatriz leopoldina , 1661 vila hamburguesa são paulo –sp – brazil cep : 05305 - 007
dbtrans s . a . av . rio branco , 128 / 12º andar centro , rio de janeiro , brazil cep : 20 . 040 - 900
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not necessarily a con , but the performance driven culture is not for everyone .
if a employee is trained on only one line of business . they should not make the same as a person who works in every line of business
unprofessional working environment . very bad management . procedures unclear . feels like working in a jungle
great company to work for . they really value their employee ' s .
our business is still thriving and growing . the people who are transitioning us are positive . the people who don ' t fit the new model and are leaving us have been given plenty of notice and severance . the people working with our benefits contact numbers provide excellent customer service .
so far my experience has been positive ! all jobs have ups and downs but overall i don ' t have anything negative to say about working here .
i wish we were never acquired by this company . too many negative changes and lay - offs
co - workers , solid insurance coverage including car , pet and life . 401k , nice building , small cafe , managers / supervisors who are willing to help
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foreign exchange rates as of june 30 , 2017 . a slight improvement from prior guidance .
fully diluted shares outstanding of 94 million shares . this assumes an approximate 600 , 000 share impact from the asr for the balance of the year .
the nextraq business was sold on july 17 , 2017 and is not included in the company’s rest of year guidance . the impact of removing nextraq is an approximate reduction of $ 0 . 08 in adjusted net income per diluted share . the company estimates it will recognize a net gain on sale of nextraq of approximately $ 90 million or $ 0 . 95 per diluted share , which is not included in guidance .
the company assumes that the cambridge global payments acquisition will close by september 1 , and is included in guidance . the impact of the cambridge acquisition in the company’s second half guidance is approximately $ 0 . 04 to $ 0 . 05 in adjusted net income per diluted share , net of deal related expenses . 3
the company’s volumes build throughout the year and new asset initiatives gain momentum throughout the year resulting in higher earnings per share in the third and fourth quarters . for the third quarter , the company is expecting adjusted net income per diluted share to be in the range of $ 2 . 09 to $ 2 . 16 .
3 there can be no assurance that the cambridge acquisition will close on september 1 . the actual 2017 impact will depend on the actual date of closing .
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cambridge , founded in 1992 , processes over $ 20 billion in b2b cross - border payments annually , helping 13 , 000 business clients make international payments to suppliers and employees . cambridge’s proprietary technology serves the needs of smb and mid - cap businesses , enabling its clients the flexibility of making wire , eft , draft and check payments in over 140 currencies . cambridge is headquartered in toronto , canada .
cambridge global payments is a leading provider of integrated b2b cross - border payment services . as a trusted partner for close to 25 years , cambridge delivers innovative solutions designed to address the unique international payment needs of businesses . cambridge’s award - winning capabilities and industry - leading technologies simplify the way businesses connect with the global marketplace . as one of the largest bank - independent providers globally , cambridge is flexible and responsive , with offices across north america , europe , and australia . for more information , please visit urltoken .
3pea is a payment processor with > 40 % organic growth selling for half of peer . .
duration : auto . 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years max .
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your business is unique so you need a fuel management system that’s best suited to your needs . learn more about the right fuel card solution for your vehicles .
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the range of uk taxes that the group pays includes corporation tax , vat , paye and some other ad - hoc taxes .
the document will undergo continuing review and will be updated when necessary . it is effective for the financial year ending 31st december 2017 . the document is intended to comply with the requirements of schedule 19 of the finance act 2016 .
the group has clearly defined polices that make certain that it complies with the relevant uk laws and legislation relating to tax .
transactions between group companies are on an arms - length basis and arm’s length transfer pricing is utilized .
tax planning is based on commercial business activity , and the company does not implement or utilise tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no - tax locations .
do not carry significant reputational risk or significant risk of damaging our relationship with the fiscal authorities in the key jurisdictions in which we operates .
professional advice is taken from reputable independent external advisors on any matters where the amount of tax is significant and the tax treatment uncertain . the financial controllers of the relevant companies ensure that adequate controls are in place so that the correct amount of taxes are identified and paid .
this policy document also specifies the processes to verify that the correct amount of tax is paid and that all required disclosures are provided to the tax authorities . tax calculations and payments are reviewed internally by the financial controllers ; payments for corporation tax are approved by the european chief financial officer .
all dealings with the tax authorities and other relevant bodies are conducted in a collaborative , courteous and timely manner . the european chief financial officer and financial controllers meet formally on a regular basis for a business review meeting with hmrc .
all of our processes are subject to board scrutiny and oversight and subject to continuous review and revision .
allstar business solutions limited is authorised by the financial conduct authority under the electronic money regulations 2011 ( register reference 900470 ) for the issuing of electronic money and the provision of payment services . allstar plus cards are payment instruments regulated by the financial conduct authority . all other cards issued by us are not regulated by the financial conduct authority and not subject to the rights under the payment services regulations 2017 . head office and registered office : po box 1463 , windmill hill , swindon , wiltshire , sn5 6ps . company registration no . 02631112 . registered in england . vat registration gb747880191 .
reports friday ( july 21 ) said michelin completed the acquisition of commercial fleet telematics company nextraq , a move that michelin said will expand its reach and competitiveness in the fleet services space . nextraq provides driver tracking and safety solutions , fuel management and other offerings to boost driver productivity within commercial fleets made up of smaller vehicles , reports said .
michelin first announced last month that it planned to acquire nextraq , which has a reported 7 , 000 fleet clients and 116 , 000 subscribers . financial terms of the takeover were not reported .
the telematics technology industry is gaining ground as a way to provide greater visibility and management over fleets while in transit . also last may , bp and tomtom announced the rollout of bpfleetmove , which combines bp fleet card solutions with tomtom’s telematics service platform , a portal through which fleet managers can analyze driver behavior and spend .
“combining these two elements allows bp fuel card customers to save time and reduce operating costs , ” said bp european card marketing & operations manager koeno siemons in a statement at the time . “the new app and fleet manager portal is just the start of what we will be launching in the coming months . ”
has the problem of fraud by identity theft gotten too big for humans to handle ? socure would say , “yes . ” that’s why the company is spearheading the movement to hand this job over to artificial intelligence ( ai ) . socure founder sunil madhu and pymnts ceo karen webster will discuss this topic in an upcoming digital discussion taking place july 19 , 2018 at 1 : 00 pm ( edt ) .
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sic 2007 82990 — other business support service activities n . e . c .
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provides a service to corporate clients to use their fuel card throughout europe through a network garages . commenced trading in november 2015 . accounts data converted from euros .
duedil ' s information security management system ( isms ) has been certified to the iso 27001 : 2013 standard .
duedil provides access to company information via a free account , enterprise package or the api .
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the company competes with wex , u . s . bank voyager fleet systems , world fuel services , edenred , sodexo , alelo , conectcar , radius payment solutions , ebbon - dacs , fleet on demand , bank of america , citibank , j . p . morgan chase , pnc bank , wells fargo bank , american express , first data corporation , fidelity national information services , global cash card , green dot financial , total system services , automatic data processing , paychex , heartland payment systems , verizon , omnitracs , trimble , danaher , zonar systems , tomtom telematics , novatel wireless and transics .
5445 triangle pkwy ste 400 norcross ga 30092 - 2575 p : + 1770 . 4490479 f : + 1770 . 4493471
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citigroup inc is facing a unique dilemma among the four largest u . s . banks : it is light on deposits f . . .
creative lodging solutions is a lodging travel management platform that offers reservation , billing , payment and reporting solutions .
cambridge is a provider of integrated cross - border payments services and risk management solutions for the business - to - business market .
travelcard nederland is a provider of universal fuel cards and mobility related payment solutions to businesses .
p97 networks is a developer and provider of cloud - based mobile commerce and behavioral marketing products .
qui ! group is a provider of food cards and meal vouchers for both private and public employers .
asap allows growing small as well as mid - size companies to eliminate paper and manual data entry in t . . .
nvidia corp . nvda , - 0 . 62 % will replace time warner inc . in the s & p 100 index prior to the opening bel . . .
casey ' s general stores owns and operates a chain of 2 , 074 convenience stores in sixteen states that o . . .
on december 19 2016 the company ' s largest u . s . customer chevron terminated its 10year relationship wi . . .
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inspire medical systems , inc . announces aetna coverage for inspire therapy for the treatment of obs
kratos announces delivery of first production bqm - 177a subsonic aerial target system for u . s . navy
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the energy east pipeline is a proposed bitumen pipeline in canada .

it would deliver bitumen from western canada and north western united states to eastern canada , from receipt points in alberta , saskatchewan and north dakota to refineries and port terminals in new brunswick and possibly quebec .

the tc pipelines project would convert about 3,000 kilometres of natural gas pipeline , which currently carries natural gas from alberta to the ontario-quebec border , to bitumen transportation .

new pipeline , pump stations , and tank facilities would also be constructed .

the ca$ 12 billion pipeline would be the longest in north america when complete .

the project was announced publicly on august 1 , 2013 , while the keystone xl pipeline proposal was being debated .

in october 2014 , transcanada pipelines filed its formal project application with the national energy board .

at the same time a number of groups announced their intention to oppose the pipeline .

energy east

national energy board - regdocs - a59129 energy east pipeline ltd . - energy east pipeline project - project description
energy east : deciphering the neb review process – learn about four energy east review process and how you can participate .
the national energy board said that the new panel examining the energy east project would decide how to proceed .
harper should take lead with energy east pipeline , sask . premier says | ctv news
transcanada chief executive russ girling expects the energy east pipeline to easily pass regulatory muster .
2014 - 10 - 30 - applications for energy east , asset t . . .
while the energy east review continues , the neb itself is also undergoing significant change .
the national energy board’s announced scope for its review of transcanada corp’s energy east pipeline project is — in a word — madness .
energy east ' will happen . ' it ' s just taking forever : irving oil chair
an east - west alliance is developing between the premiers of new brunswick and alberta to push the proposed $ 12 - billion energy east pipeline .
transcanada’s energy east pipeline would be the first oil pipeline to span the length of our province .
energy east would cause more greenhouse gas emissions than all four atlantic provinces combined . learn more .
the red head anthony’s cove preservation association organized a major protest against the proposed energy east pipeline today .
calgary mayor naheed nenshi recently said that
energy east is about energy independence for canada . it not only allows us to get market access , it allows us to serve canadian customers with canadian energy .
it also reverses an earlier determination that the applications for both the energy east and eastern mainline proposals are complete .
the ndp government in alberta appears to be supporting both the transcanada energy east and kinder morgan trans mountain pipelines .
environmental groups are calling for the energy east pipeline review process to start from scratch following the national energy board’s formal appointment of the new members of the review panel .
climate implications of the proposed energy east pipeline provides a preliminary assessment of energy east ' s impact on canada’s greenhouse gas emissions . it estimates the proposed pipeline’s upstream impact as being between 30 and 32 million tonnes of annual emissions .
transcanda corp . says it will
strive to reach consent
with first nations over the proposed energy east pipeline .
transcanada corp . says it will
strive to reach consent
with first nations over the proposed energy east pipeline .
trudeau’s game plan on energy east — if that’s what he’s up to — is a big political and economic gamble .
a statement issued thursday by the canadian association of oilwell drilling contractors condemned the neb’s expanding of the energy east review .
the environmental group greenpeace said it is still unclear what impact the neb’s expanded scope will have on energy east’s fate .
prime minister justin trudeau and montreal mayor denis coderre discuss their meeting on the energy east pipeline proposal . 3 : 22
) proposed energy east pipeline will consider its indirect greenhouse gas contributions , canada’s national energy board ( neb ) regulator said on wednesday , expanding the scope of the assessment .
transcanada corp . ' s energy east pipeline project imposes more risks to ontario than it offers in benefits , the province ' s energy regulator said in a report thursday .
doubts are growing over the fate of the energy east pipeline after members of the national energy board panel examining the project resigned , leaving questions over how the review will proceed .
a telephone survey conducted by the polling firm som late last year found that 57 per cent of quebecers opposed energy east .
following public outrage over the appearance of bias , hearings for energy east were stopped in their tracks . less than a month later , in september 2016 , watson and the entire energy east panel recused themselves from proceedings related to the pipeline project .
/ cnw / - the national energy board ( neb ) has issued the list of approved aboriginal intervenors in the energy east project and has offered to begin collecting oral traditional evidence .
a letter submitted to the national energy board by transcanada corp . lawyers calls the evaluation of greenhouse gas emissions on its energy east pipeline
unnecessary .
letter courtesy of the neb
canada ' s national energy regulator says it will for the first time consider the impact of upstream and downstream emissions from potential increased consumption of oil at hearings into the energy east pipeline .
energy east could lead to dramatic reductions in access to western gas for ontario and quebec , which could increase costs and cause shortages .
the council of canadians is celebrating the defeat of the transcanada energy east pipeline - which we have been campaigning against since february 2013 .
energy east ? use oil from newfoundland , not the tar sands , by gordon laxer , rabble . ca , august 26 , 2013
energy east was first proposed in 2013 . if the national energy board approves transcanada ' s amended proposal , construction is set to start in 2018 , with the pipeline up and running by 2020 .
calgary — a decision by canada’ energy regulator on friday could cause delays for transcanada corp . ’s energy east pipeline , just after another major proposal by the company—keystone xl—was swiftly revived earlier this week .
“the canaport energy east marine terminal will connect transcanada’s energy east pipeline to an ice - free , deepwater port , ” said irving oil president paul browning . “it will allow canadian producers direct access to world markets for exporting canadian oil via the world’s largest crude carrying vessels . ”
prime minister justin trudeau made headlines tuesday when he met with montreal mayor denis coderre , an outspoken opponent of the proposed energy east pipeline .
a restarting of energy east hearings comes just one day after transcanada announced it had filed its presidential permit application for its keystone xl pipeline .
the energy east pipeline proposed route is pictured as transcanada officials speak during a news conference in calgary , on aug . 1 , 2013 .
transcanada said it is focused on engaging with canadians to discuss energy east , to listen to questions and concerns , and to address them .
environmentalists argue it makes no sense for ms . wynne and mr . couillard to put off talk on climate change until the national energy strategy , when the subject could be discussed immediately on energy east .
watch above : the national energy board is bowing to pressure from critics claiming the board ' s panel members overseeing hearings of the proposed energy east project broke conflict of interest rules . gary bobrovitz reports .
the national energy board’s unprecedented decision to widen its study of the energy east pipeline to include much broader climate change impacts suggests that the fix is in to kill the proposed $ 15 . 7 billion project .
newly - appointed energy east hearing panelists ( from left to right ) don ferguson , carole malo and marc paquin restarted a review of the controversial pipeline proposal from scratch . photos courtesy of the national energy board
“i think that there’s a lot of common ground in terms of the way the energy east project needs to go ahead , ” said wynne .
only a third of quebecers support the controversial energy east oil pipeline project , according to a poll conducted by researchers at the université de montréal .
further reading concerns over beluga whales delay energy east pipeline project ( october 19 globe and mail article ) thousands march against energy east pipeline in quebec ( october 12 blog ) suncor sneaks tar sands shipments past great lakes and st . lawrence river communities ( october 9 blog by emma lui )
there ' s a suggestion that backing the trans mountain pipeline expansion from alberta to b . c . would cost trudeau fewer votes than energy east
the energy east pipeline would move oil to eastern canada refineries and an export marine terminal in new brunswick . ( jeff mcintosh / canadian press )
the national energy board’s ( neb ) new conditions for transcanada’s proposed energy east pipeline are another signal that the federal government is committed to ensuring the completion of kinder morgan’s trans mountain pipeline ( kmx ) . what is the connection ? to win a second mandate in 2019 , the trudeau government is prepared to sacrifice energy east to justify the trans mountain expansion .
the energy east hearings process was marred in controversy following a report by media outlet national observer that found former quebec premier jean charest had met privately with some neb members while working as a lobbyist for transcanada . soon after , all three panelists tasked with assessing the energy east proposal stepped down .
the ontario premier said she would save larger climate change matters for a national energy strategy the provinces and territories will negotiate next year .
the energy east project is not the whole discussion ,
she said .
after careful review of changed circumstances , we will be informing the national energy board that we will no longer be proceeding with our energy east and eastern mainline applications . transcanada will also notify quebec ' s ministère du developpement durable , de l ' environnement , et lutte contre les changements climatiques that it is withdrawing the energy east project from the environmental review process .
transcanada’s energy east line shouldn’t become a “political football , ” notley said , adding that she supports that pipeline because it helps create value from alberta crude .
protesters demonstrate against the energy east and line 9b pipelines during a rally in montreal on saturday , oct . 10 , 2015 . ( the canadian press )
the product that would flow through energy east is not like conventional crude oil . this is not the stuff you put in your vehicle . learn more .
energy east pipeline project has requested transport canada marine safety to have a termpol review committee assess the marine transportation components of its proposed canaport energy east marine terminal project under the voluntary technical review process of marine terminal systems and tran - shipment sites ( termpol ) . the purpose of the technical review process is to :
canada ' s national energy regulator is expected to release a list of topics later today to be considered in its review of the energy east pipeline , which could for the first time include broad consideration of upstream and downstream emissions .
transcanada president and ceo russ girling ( 2nd l ) announces the new energy east pipeline during a news conference in calgary , alberta , august 1 , 2013 .
alberta’s premier rachel notley says she supports the trans mountain and energy east pipelines but that transcanada corp . ’s keystone xl poses a threat to alberta’s resource control .
all these things i believe are very reasonable principles and ones which are achievable when it comes to the energy east pipeline ,
mr . gallant said .
the fact 700 of the 820 public submissions to the neb regarding the energy east project were form letters , makes it fair to ask who provided this input .
the neb is still aiming to have a decision on the $ 15 . 7 - billion energy east pipeline project by march 18 , 2018 , she added .
the termpol review report on the canaport energy east marine terminal project contains recommendations , findings and conclusions related to the navigation and ship safety components of the project .
in a press release , the national energy board said it would restart the hearings process for energy east “from the beginning , ” a move that is likely to delay the eventual startup date for the $ 15 . 7 billion pipeline .
energy east represents the safest and least [ greenhouse gas ] - intensive way of moving canadian oil to canadian refineries , helping to make canada energy independent and reducing the amount of oil being transported through ontario communities by rail .
harper hails west - east pipeline as n . b . seeks to halt exodus of workers
$ 12 - billion energy east project , with a new report that argues the cross - country pipeline will contribute to soaring greenhouse gas emissions in the oil sands .
the neb this year ordered energy east’s review to start again from the beginning , voiding all decisions from the project’s previous examining panel that has been accused of bias .
the energy east panel has since closed the submission process ( may 31 , 2017 ) in order to finalize the list , however , this does not mean that canadians have missed their opportunity to effect change . the neb has created a short online survey asking the public for opinions regarding the shaping of the energy east hearing process .
saskatchewan premier brad wall is calling on prime minister stephen harper to take leadership in supporting transcanada’s proposed energy east pipeline , saying the massive project is a “national issue . ”
energy east proponent transcanada corp . has yet to respond to the neb’s expanded scope , which would put the company at the centre of another charged and costly national discussion .
in its effort to be more inclusive and position itself as environmentally responsible , the neb’s move to expand the scope of its energy east review is a bridge too far .
considering energy east’s associated emissions makes the upcoming regulatory review for the pipeline more onerous and had been opposed by transcanada , which had called it “completely redundant and unnecessary . ”
others say that energy east is more important that ever because , unlike keystone xl , it will allow western producers to lessen their heavy dependence on the u . s .
alberta ' s energy minister says she ' s disappointed in the national energy board ' s decision to widen the scope of its review of the pipeline .
energy east is a proposed 4 , 600 - kilometre pipeline by calgary - based energy corporation transcanada . it would stretch from alberta to an export terminal in new brunswick and could carry up to 1 . 1 million barrels of crude oil per day .
premier rachel notley says she’s no pushover . she’ll never hand an energy east pipeline veto to quebec or ontario . and we won’t see her throwing a tantrum in a corner .
“energy east would negate all the good work on climate that has been done at the provincial level , pose a major threat to millions of people ' s drinking water . ”
for more on our campaign against the energy east pipeline , including a speaking tour in new brunswick and nova scotia that starts on october 26 in halifax , please click here .
ottawa set the table on energy east wednesday when the neb announced it would include a review of all upstream and downstream climate change impacts that could be associated with the pipeline .
in addition to transporting fracked bakken shale oil – the substance that exploded in the lac megantic tragedy – energy east would make ontario and quebec more reliant on fracked gas imports .
“any reasonable assessment of the carbon pollution of energy east would show that the pipeline is inconsistent with canada’s commitments to reduce greenhouse gas emissions , ” it said in a statement .
emotions are running high on both sides of the debate when it comes to transcanada ' s proposed , 4 , 600 - kilometre energy east pipeline . here ' s why .
“we look forward to the resumption of the energy east regulatory process and showing why this project is in the national interest , ” said transcanada spokesman tim duboyce in an email .
investing in fossil fuel infrastructure detracts from needed investments in a green energy future .
transcanada filed its 30 , 000 - page energy east application to the national energy board in october , but will now need to submit an amendment to the federal regulator . the company has said it will submit its amendment in the fourth quarter of this year .
“today is a great day for the climate and the hundreds of thousands of canadians who stood up to energy east and its risks to our land , water and communities , ” said andrea harden - donahue , energy and climate justice campaigner , council of canadians .
in may 2015 , more than 60 organizations , including the david suzuki foundation and greenpeace canada , signed a letter to the national energy board asking that it overhaul its review process and begin evaluating the energy east project again only when more information had been submitted .
the council has been organizing to stop energy east since the first day it was announced . the opposition of communities and organizations has played a decisive role in halting the controversial project .
transcanada president and ceo russ girling ( 2nd l ) announces the new energy east pipeline during a news conference in calgary , alberta , august 1 , 2013 . reuters / todd korol
energy east would transport up to 1 . 1 million barrels of bitumen per day , allowing a 40 per cent expansion of the oil sands , canada’s largest contributor to greenhouse gas emissions
the energy east pipeline will cross through our unceded mi ' qmaq traditional lands , which we hold aboriginal title to . thus the project will require our consent ,
ginnish said .
energy east , which would take crude from alberta to the atlantic coast , would attain higher prices for canadian producers whose landlocked product trades at a discount to the west texas intermediate benchmark .
energy east would ship up to 1 . 1 million barrels of oil per day from producers in alberta , saskatchewan and north dakota to refineries and marine ports in quebec and new brunswick .
“most of the land owners are in favour of energy east . they are pro development . but they have serious concerns about how the land is treated , ” said jim ness , an alberta farmer , who also represents the canadian association of energy and pipeline landowner associations .
on friday , the national energy board announced that the three people overseeing the review of energy east were stepping down following complaints that two of them met last year with former quebec premier jean charest , a consultant for developer transcanada at the time , to discuss the pipeline .
wall made the comments on ctv’s question period , following a unanimous motion in the saskatchewan legislature earlier this week calling for the removal of what he describes as “barriers” to the energy east pipeline .
if completed , energy east would be the largest pipeline in north america , delivering 1 . 1 million barrels of crude every day from alberta and saskatchewan to refineries in quebec and new brunswick .
transcanada corp . president and ceo russ girling , right , speaks at the company ' s announcement of an energy east pipeline project on aug . 1 , 2013 , in this file photo .
the prime minister has not come out definitively in favour of or against the energy east pipeline . instead , he ' s criticized the current approval process for pipeline proposals , calling it flawed .
after meeting this week with quebec premier philippe couillard , notley had seemed to suggest quebec’s view of alberta policy might be crucial to getting approval for the $ 12 - billion energy east oil pipeline .
the private new brunswick company issued a statement thursday saying the canaport energy east marine terminal at its refinery in saint john would handle crude oil flowing from western canada and export it to world markets .
the neb said the new energy east panel overseeing the process has “voided all decisions made by the previous hearing panel , ” and that those decisions would be “removed from the official hearing record . ”
transcanada , the proponent behind energy east , has said it remains committed to the project . spokesman tim duboyce said construction would begin shortly after approval , with the goal of shipping oil in 2021 .
the 2013 mayflower oil spill in arkansas , which involved bitumen from the oil sands — the same product energy east would transport — was the most expensive onshore cleanup in u . s . history .
eagle spirit energy’s pipeline plan in northern b . c . gets backing of first nations chiefs
energy industry with the safety of canadians and protection of the environment as its top priority . its purpose is to regulate pipelines , energy development and trade in the canadian public interest .
in a statement , the canadian energy pipeline association said it does not support the decision .
the proposed 4 , 500 - kilometre energy east pipeline would carry more than a million barrels a day of canadian crude from alberta to refineries and export terminals in atlantic canada . ( the canadian press )
still hungry for more info ? great . check out our energy east resource library for links to reports , news articles , videos and other materials from the conservation council and our allies . learn more .
energy east will strive to reach consent with first nations and also seek to avoid and mitigate any potential effects the project has on the community and that ' s how we will continue to operate .
energy east would transport crude roughly 4 , 500 kilometres from oilfields in alberta in saskatchewan to refineries in quebec and new brunswick . the majority of the pipeline would be converted from an existing natural gas line .
“the neb should pull the plug on the energy east review and restart it only when an overhauled review process with a credible climate test is in place , ” said environmental defence’s patrick derochie in a statement .
harper hails west - east pipeline as n . b . seeks to halt exodus of workers - the globe and mail
the energy east project makes sense on a number of levels , including the ability to supply canadian refineries with canadian crude oil , which is cheaper than brent - priced imports from places like venezuela and saudi arabia .
prime minister justin trudeau shakes hands with montreal mayor denis coderre following their joint press conference about the proposed energy east pipeline in montreal on tuesday , jan . 26 , 2016 . ( graham hughes / canadian press )
“apparently you can teach an old dog new tricks , ” said environmental defence in a statement . “the national energy board ( neb ) has finally listened to canadians and agreed to study the climate impacts of energy east , as well as whether the pipeline makes economic sense in a carbon - constrained world . ”
he and ms . notley will use some of their time with the other premiers to lobby for energy east . ontario premier kathleen wynne and quebec premier philippe couillard have conditions for the project to go through their provinces .
the decision could pose significant delays to the energy east proposal . it requires the panel to host a new round of public hearings on the project , and will require participants in those public hearings to resubmit their arguments .
the complaints are the latest in a saga of controversies that have plagued the calgary - based transcanada corp . ' s energy east oil pipeline , the largest project of its kind ever to be proposed in north america .
transcanada chief executive russ girling said last week he expects energy east to face a relatively easy ride through the regulatory process , compared with keystone xl , which is stalled by the obama administration in the united states . transcanada expects to submit an application to canada ' s national energy board by the end of the summer .
in 2014 , transcanada proposed the energy east pipeline project . if built , the pipeline would stretch 4 , 600 km across canada , connecting the western tar sands to an export terminal in eastern canada . energy east is the largest tar sands pipeline ever proposed with a functional capacity of over one million barrels per day . the project involves both the construction of new pipe and the converting of existing natural gas pipe into a crude oil transporter .
this is an extremely exciting project ,
he said during a visit thursday to the irving oil refinery in saint john , which is to be the end of the line for transcanada ' s proposed energy east pipeline .
but ms . wynne and mr . couillard now say they will look only at the relatively small emissions from work that has to be done on energy east in ontario or quebec , such as exhaust fumes from construction vehicles .
one of them is dan tsubouchi , chief market strategist at stream asset financial management lp in calgary , who said back in may that “energy east is not likely to get done , primarily due to the social opposition to the pipeline in ontario and more so in quebec … we can’t see the liberals fighting against quebec firstly and ontario secondly on energy east , especially if keystone xl and trans mountain expansion proceed , or even if they don’t . ”
energy east is the biggest pipeline proposal in canada to date , and is part of a much larger pipeline push by big oil . it is a critical part of industry plans for a threefold expansion of the tar sands .
in january of 2017 , three new members were appointed by the neb to undertake a review of the energy east project . the new panel immediately voided all decisions made by the previous panel – entirely restarting the review process .
. ' s energy east ' s pipeline would traverse the traditional territory of 180 different aboriginal communities , each of whom must be consulted and have their concerns accommodated as part of the company ' s effort at winning project approval .
transcanada corp . ’s decision not to build a crude oil export terminal near a beluga whale habitat on the st . lawrence river will delay its $ 12 - billion energy east pipeline project by two years and could run up costs
trudeau is allowing the neb to do his political dirty work for him . undermining energy east is a transparently political move to shore up the liberals’ political support in quebec , the home of 40 of trudeau’s 183 mps and where anti - pipeline sentiment is strong . sabotaging energy east will also appease his erstwhile climate - change and aboriginal - activist supporters , who are still unhappy about his earlier approvals of trans mountain and the replacement of enbridge’s line 3 pipeline .
transcanada corp . ceo russ girling announces the energy east pipeline during a news conference in calgary , alta . , on august 1 , 2013 . one of the biggest concerns is the impact on the province’s natural - gas markets .
the wall of opposition to the 1 . 1 million barrel per day energy east project continues to grow all across the pipeline route . heading into the summer months , here are some exciting campaign updates and next steps . atlantic region
ontario is doing its own review of the energy east project and has promised to consider upstream climate effects , though it has no power to act on its findings other than making submissions to the neb and exerting political pressure on ottawa .
ontario and quebec have decided to mostly ignore climate - change concerns when deciding whether to support energy east , clearing one the of largest single obstacles out of the way of transcanada corp . ' s $ 12 - billion pipeline proposal .
this isn’t like the mackenzie valley pipeline , which was tied to natural gas fields that had to be developed . it’s about the markets to which the barrels would go , and if it’s not energy east it will be somewhere else .
however , energy east’s importance has somewhat diminished for transcanada since u . s . president donald trump this year signed an order reviving the company’s keystone xl pipeline , which would run from alberta’s oil sands to u . s . refineries .
one of trudeau’s gravest miscalculations is that if the company backs out of energy east , the graveyard of energy projects spiked directly or indirectly by him would get even bigger — with the $ 36 - billion petronas lng project just the latest example — and canada’s reputation as a politically and regulatory unstable place to do business would get even worse .
transcanada has rolled its long - awaited 20 , 000 - page , 68 two - inch binder application for the energy east project into the calgary office of the national energy board on thursday . it is the company ' s attempt to build the largest oil pipeline in north america , while also enabling the expansion of alberta ' s oil sands .
a report was completed by the expert panel on the modernization of the national energy board in response to repeated submissions from canadians . the report emphasizes that the neb is outdated and not trusted by the canadian population . until the modernization of the neb is complete , cela and ed have called for the energy east review to be put on hold .
the study concludes the production of 1 . 1 million barrels per day of crude needed to fill the energy east pipeline would result in up to 32 million tonnes per year of additional greenhouse gas emissions – the equivalent to seven million cars .
prime minister stephen harper gave his strongest endorsement yet of the $ 12 - billion west - to - east pipeline project , enthusiastically pitching it as a job creator for all canadians and one that will expand the country ' s energy markets .
kathleen wynne said wednesday morning she will not consider
upstream
greenhouse - gas emissions – the extra carbon released when alberta jacks up oil sands production to supply the crude for energy east – when deciding whether ontario will back the pipeline .
transition initiative kenora , which was one of two groups to file a motion last year calling for the prior panel members to be removed , requested that the current energy east process be declared void or referred to the federal court of appeal .
we’re a long way from that now . down east , there will be a chuckle or two in the ontario and quebec delegations .
most significantly , the report recommends separating and expanding the neb’s core functions by creating two new legislatively - empowered bodies : the canadian energy transmission commission ( cetc ) , and the canadian energy information agency ( ceia ) .
calgary – transcanada corp . ’s decision not to build a crude oil export terminal near a beluga whale habitat on the st . lawrence river will delay its $ 12 - billion energy east pipeline project by two years and could run up costs .
saint john mayor don darling spoke at the national energy board hearings on behalf of the city . 11 : 09
the national energy board says the decision is based in part on 820 public submissions it received since last spring .
this decision appears to contradict the two provinces ' previous position . last month , ms . wynne and mr . couillard issued a list of seven principles they would use to judge energy east ; one was that the project ' s emissions be taken into account . and a motion passed by quebec ' s national assembly specified the government look at the
global contribution
of energy east to climate change . these conditions were understood by many politicians and environmentalists to mean ontario and quebec would consider upstream emissions .
when dealing with pipelines , spills caused by ruptures or leaks in the line are inevitable . when dealing with a pipeline of the magnitude of transcanada’s energy east , spills can be very costly to the environment , human health , and taxpayers . learn more .
energy east is primarily about getting western crude to eastern coastal waters . why ? faced with fierce opposition to tar sands pipelines in b . c . and the u . s . , big oil needs to find a different way to get its crude to international markets . if the pipelines can’t go west , big oil will send them east to ship to international markets in order to maximize profits .
adding downstream emissions to the energy east review process opens a pandora’s box of competing scenarios of end - use possibilities . the no - more - pipelines - ever coalition will seize this opportunity to clog the neb process with an endless line - up of studies , “experts” and consultants , all predicting disastrous increases in ghg emissions if energy east is built . for transcanada , this translates into more time , more uncertainty and more money , which is why it recently requested an immediate 30 - day suspension of the hearings .
we believe we are most certainly the municipality with the most at stake here in terms of the components of the energy east project , but also , you know , we feel economically there should be real benefits received to this community from this project .
perhaps you ' ve heard of energy east , but aren ' t really sure what it is — or why emotions are running so high on both sides of the debate . if so , check out this primer on the important facts of the proposed pipeline .
the proposed pipeline project has not gone unnoticed by canadian environmental non - governmental organizations ( engos ) like environmental defence ( ed ) . ed has published reports commenting on the proposed pipeline’s environmental effects and the rationale behind the pipeline , whose oil is destined for export . ( 1 ) cela is acting for ed in the energy east proceedings before the national energy board ( neb ) .
the important challenge we have now is to inform communities about the energy east project ,
he said .
you can be certain there won ' t be a single conversation or discussion that takes places that doesn ' t make some reference to benefits .
the pembina institute , a calgary - based environmental think - tank , estimates energy east would cause 32 million tonnes of added greenhouse - gas emissions every year , which would cancel out the emissions reductions ontario achieved by closing all of its coal - fired power plants .
the comments – the starkest yet over the fate of the $ 12 - billion pipeline – are a clear sign that transcanada believes energy east is on solid footing , despite noisy opposition from environmentalists and a commercial challenge the company says threatens the project ' s viability .
energy east respects the legal and constitutional rights of aboriginal communities . and we are operating under the current canadian law with respect to how we are governing our engagement with aboriginal people . and we ' ll continue to do so ,
said van der put .
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working with mr . fontaine , transcanada has begun that process with the 180 aboriginal communities along its energy east path . he acknowledged that pipeline companies face a special problem because the projects are linear and involve far more communities than a mine or oil sands project would touch .
in august 2013 , transcanada announced its intention to build a pipeline and export terminal project called energy east . the proposed route would run from alberta to new brunswick , and the pipeline would have the capacity to transport 1 . 1 million barrels per day of crude oil .
this backgrounder provides information on the climate impacts of the oilsands and the link between pipelines , market access and oilsands expansion , as well as the regulatory context in alberta . these factors all play into the assessment of ontario and quebec’s fourth condition for the energy east pipeline .
the project would pump an astonishing 1 . 1 million barrels per day of bitumen from alberta to the atlantic - - a volume double the proposed northern gateway pipeline . most of energy east would be built by converting one of transcanada ' s existing major natural gas pipelines .
saint john , n . b . – irving oil says it plans to build a $ 300 - million marine terminal in saint john , n . b . , following an announcement from transcanada corp . that it has decided to proceed with its energy east pipeline project .
collecting relevant information early from aboriginal intervenors is an opportunity to identify and increase understanding of the perspectives of aboriginal groups in relation to energy east . due to the unique nature of oral traditional evidence , it is not dependent on the timing of any other hearing process steps .
the new three - member energy east panel consists of don ferguson , a former senior civil servant in new brunswick , carole malo , a former vice - president at engineering giant snc - lavalin , and marc paquin , a quebec - based lawyer focused on environmental law .
energy east pipeline project is proposing to construct and operate a crude oil pipeline system to transport the product from alberta and saskatchewan to a marine loading terminal in saint john , new brunswick . this report summarizes the outcome from the technical review of the proponent ' s submissions .
calgary , alberta - - ( marketwired - oct . 5 , 2017 ) - news release - transcanada corporation ( tsx : trp ) ( nyse : trp ) ( transcanada ) announced today it will no longer be proceeding with its proposed energy east pipeline and eastern mainline projects .
our advice is that ontario needs to be assured that there is sufficient supply [ of gas ] to meet the needs of consumers throughout ontario , and that its consumers will not subsidize through higher natural gas prices the cost of energy east ,
mr . fraser said .
the canadian chamber of commerce , which represents 200 , 000 businesses on national and international issues , sent a similar letter to the neb on may 31 , objecting to the inclusion of upstream and downstream ghg emissions and canadian climate targets and policies in the review of energy east .
monday , at the city council meeting , concerned citizens gave presentations to north bay city council about the energy east pipeline and the importance of protecting municipal drinking water . council chambers were expected to be packed , with well over 100 residents expected to bear witness to the presentation .
gord young / the nugget yan roberts speaks to north bay city council monday , urging politicians to take a stand against transcanada ' s energy east pipeline proposal to use a natural gas pipeline which cuts through the trout lake watershed to carry diluted bitumen from the tar sands in western canada . roberts was among five people who made presentations to council in front of a packed audience opposing the pipeline proposal and raising concerns about trout lake and the city ' s supply of drinking water . the city was also presented with letters and petitions opposing the energy east project .
the move marks a major victory for alberta premier jim prentice , who visited his ontario and quebec counterparts this week to promote the project . but it drew swift condemnation from environmental groups that warned energy east would erase much of the recent progress this country has made fighting global warming .
neb spokesperson katherine murphy said the regulator will continue to review the energy east application , but would not issue a notice that the application was complete — which would trigger the neb’s legislated 15 - month - maximum hearing and review period — until after the amendment was filed and reviewed .
our team will continue to work closely with the ontario government to ensure the project meets proven safety standards and environmental protection while delivering important economic benefits for the people of ontario ,
françois poirier , transcanada ' s president for the energy east project , said in a statement .
the downsides of its decision are bound to outweigh any upside — all to the detriment of canada’s energy sector and the economy .
the energy east plan is to bring 1 . 1 million barrels per day of western crude to eastern canadian refineries and export terminals ; it has been touted by politicians and its proponents as a nation - building exercise , and by industry as providing access to new markets for landlocked crude .
is girding for a scrap with corporate rivals over plans to ship western oil to canada ' s east coast ahead of regulatory hearings expected to begin next year .
wynne will meet with alberta premier jim prentice tuesday to discuss the energy east pipeline , one day after prentice is scheduled to meet with couillard . wynne said her talks with prentice have been “constructive” to date , and that she hopes to have an equally productive conversation with wall on the pipeline .
we ' re not just expanding our markets for energy projects , which we need to do ,
the prime minister said ,
but we are also at the same time making sure that canadians themselves benefit from those projects and from that energy security .
cbc story from february 2014 about a report critical of transcanada’s inspection process which was buried by the national energy board for several years .
in quebec have said calgary - based transcanada ' s energy east project would jack up costs and potentially curtail natural gas deliveries in the provinces during times of peak demand . in a year - end interview , transcanada chief executive russ girling called such arguments
ludicrous
with no basis in fact .
transcanada announced thursday it was scrapping plans for a marine terminal at cacouna , que . and looking for an alternative site in the province that wouldn’t affect dwindling beluga whale populations . as a result , the company doesn’t expect energy east to ship crude oil until 2020 , two years later than expected .
three years ago cherri foytlin , a resident of south louisiana and author of spill it ! the truth about the deepwater horizon oil rig explosion , joined maude barlow and council staff in a series of meetings and public talks warning of the dangers of transcanada’s , now dead , energy east pipeline project .
however , many are concerned about the environmental impact an increased demand for oil could have . the pembina institute , an environmental think - tank , released a report in 2014 that found producing the amount of crude needed to fill energy east might generate an extra 32 million tonnes of greenhouse gases each year .
with a number of new pipelines possibly coming into service by 2020 , some argue that the massive 1 . 1 million bpd - capacity of energy east won’t be required to get alberta oil to tidewater . moreover , there is no guarantee eastern refineries would prefer western canadian oil to possibly cheaper imported feedstocks .
the energy east hearings were stalled last fall after neb chairman peter watson and vice - chair lyne mercier were accused of a conflict of interest for meeting privately with jean charest , who was a paid consultant at the time for the pipeline’s backer , transcanada , to discuss public opinion around the controversial project .
then he left for the meeting in newfoundland , where all the premiers will gather to discuss many issues , including the canadian energy strategy .
the fate of energy east has become entwined in the federal election . while the main opposition parties are supportive in principle , new democratic party leader thomas mulcair says the environmental review process needs to be strengthened , including efforts to assess the climate impact of building pipelines that would lead to greater oil sands production .
the assembly of first nations’ chiefs in new brunswick said it would not support the west - to - east pipeline until environmental protection and aboriginal and treaty rights were guaranteed .
the recent election and change in the federal government has also put a new complexion on the issue . although prime - minister - designate justin trudeau has not fully endorsed energy east , mr . gallant is optimistic the new leader will help build the brand and credibility with canadians and internationally enough to see it through .
the ecological impact and viability of the project has not been the only topic of controversy . as a result of concerns about real or perceived bias , and controversy undermining the perception of impartiality of the energy east review panel , all three panel members recused themselves , adjourning further review hearings until new membership was established .
at present , the neb oversees a portion of canada’s overall energy system : transboundary pipelines and electric transmission lines , and energy imports and exports . the neb is also responsible for publishing data on energy transmission and infrastructure , which it uses as a basis for many of its regulatory decisions . the panel was convened in late 2016 following a prime ministerial mandate issued to the minister of natural resources . the panel was given a broad mandate to “modernize the neb” and “aim to position the neb as a modern , efficient and effective energy regulator and regain public trust . ”
as the neb continues to assess the energy east project application , issuing a list of participants provides greater certainty for those involved and allows access to participant funding for those who qualify . the full list of approved participants will be issued in the coming weeks as the neb finalizes its assessment of the applications to participate received .
lawyers wrote that an analysis of greenhouse gas emissions for the proposed 4 , 500 - kilometre energy east pipeline would be
completely redundant and unnecessary ,
given that such analysis falls within the purview of the federal government . the details are in the canadian government ' s interim measures for pipeline reviews , they said .
“note that cost for the 1 . 1 million [ barrel per day ] energy east project remains unchanged at $ 12 billion , although it is possible the cost and / or schedule could change when the amended application is filed with the neb , ” cibc world markets analyst paul lechem said in a research note following transcanada’s announcement .
“the neb is mandated to “promote safety and security , environmental protection and efficient energy infrastructure and markets in the canadian public interest , ” it said .
transcanada has been holding consultations with communities across the country , including some 155 first nations , to inform them of the energy east project and seek their support . the company has hired phil fontaine , former chief of the assembly of first nations , to represent it in meetings . but one leading activist says the company has a tough sell .
to address concerns about the integrity of canadian energy information and analysis , the panel recommends establishing the ceia . presently , the neb produces much of the data that underpins its own regulatory decisions . the report suggests this has undermined public confidence in the neb as an independent and impartial regulator . the ceia , as an independent body reporting to the minister of natural resources , would serve as a single clearinghouse for all energy data , sourced from both domestic and international agencies . the ceia would collect and disseminate energy data , produce annual public reports , and measure quantitative analysis against the ambitioned goals of canada’s energy strategy .
adding upstream emissions to the neb process for energy east is also a prima facie violation of provincial jurisdiction over the development of oil and gas reserves . it is an attempt to do indirectly through the neb what section 92a of the constitution explicitly prohibits the federal government from doing directly . section 92a — which grants to provinces explicit jurisdiction of the management and development of their natural resources — is the concession that then alberta premier peter lougheed extracted from the last prime minister named trudeau at the conclusion of the energy wars sparked by the 1980 national energy program . be assured that , like before , western premiers will not let this jurisdictional breach go unchallenged .