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Royal Bank of Canada and Toronto-Dominion Bank strengthen capital positions

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • November 25 2008

Yesterday, Canada's two largest banks, Royal Bank of Canada (RBC) and Toronto-Dominion Bank (TD Bank Financial Group or TDBFG), each announced separate efforts to enhance their relative capital positions through issuances of more than C$1.4 billion in equity to the public

CAPP hoping for federal CCS funding

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • January 14 2009

The Canadian Association of Petroleum Producers (CAPP) has asked the Canadian government to include measures in the upcoming 2009 budget that would encourage the development of large scale carbon capture and storage technology

University develops technology to capture CO2 from air

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • September 30 2008

David Keith, a scientist at the University of Calgary, and his team have developed a technology to efficiently capture carbon dioxide directly from the air

Canada announces new lender assurance facility

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • October 24 2008

Yesterday, the Canadian Department of Finance, in response to "prolonged global financial market turbulence," announced the creation of the Canadian Lenders Assurance Facility

CO2 sequestration test set to begin in Alberta

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • October 20 2008

A carbon sequestration project is set to begin near Shell Canada’s Scotford facility in Alberta

Canada seeks climate deal with the United States

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • November 7 2008

According to reports out of Canada, the Canadian government plans to speak with President-elect Obama in hopes of reaching a North American climate change agreement

Canada extends purchases of insured mortgage pools, reduces pricing of lenders assurance facility and extends limits of Tier 1 capital

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • November 12 2008

Today, in efforts to "maintain the availability of longer-term credit in Canada," the Canadian Department of Finance announced that the Government will purchase up to an additional $50 billion of insured mortgage pools by the end of the fiscal year

GE and Bechtel join forces on new polygeneration facility

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • October 10 2007

Bechtel Overseas Power Corp. and GE Energy announced yesterday that they have signed an agreement with TransCanada Corp. to develop the first polygeneration facility in Canada designed to be able to use petroleum coke and incorporate carbon capture and storage

United States and Canada sign the Fifth Protocol to the USCanada Income Tax Treaty

  • Alston & Bird LLP
  • -
  • Canada, USA
  • -
  • November 15 2007

On September 21, 2007, US and Canadian officials signed the Fifth Protocol (“Protocol”) to the USCanada Income Tax Treaty (“Treaty”) that entered into force on August 16, 1984

SaskPower leaves CCS behind

  • Alston & Bird LLP
  • -
  • Canada
  • -
  • December 11 2007

With the November election of the Saskatchewan Party under Premier Brad Wall, SaskPower has shifted away from carbon capture and storage technology and toward nuclear power