Alberta
New mandatory province-wide measures to battle COVID will affect every business and family

From the Province of Alberta
New mandatory provincewide measures to protect lives
New mandatory health measures go into effect immediately to protect lives.
Expanded health measures will be in effect provincewide. All Albertans, businesses, organizations and service providers must follow all new health measures. These restrictions will be in place for a minimum of four weeks.
“Alberta has sought to protect both lives and livelihoods from the beginning of the pandemic. The recent surge in COVID-19 hospitalizations will threaten our health-care system and the lives of many vulnerable Albertans unless further action is taken now. With the promise of a vaccine early in 2021, we can see the end of this terrible time. But all Albertans must take this more seriously than ever by staying home whenever possible, and following these new measures.”
“Alberta’s case numbers and hospitalizations have reached a point where we must take stricter measures in order to protect capacity in our health system. These mandatory new health measures are some of the strictest we’ve implemented, but they are absolutely critical to the future of our province.”
“These mandatory measures will help us slow the spread of COVID-19. This will require individual sacrifices that are necessary to protect our province. It’s not just about one person, it’s about doing what we can to protect and save our loved ones, colleagues, neighbours, and even strangers. Following these public health measures is how we as Albertans care for and protect each other.”
New expanded mandatory measures come into effect Dec. 8 for social gatherings and mandatory masking. All others come into effect at 12:01 a.m., Dec. 13.
Social gatherings – immediate
- All indoor and outdoor social gatherings – public and private – are prohibited.
- Close contacts are limited to household members only.
- Individuals who live alone will be allowed up to two close contacts for in-person visiting, with those two people remaining the same for the duration of the restriction period.
- Festivals, parades, events, concerts, exhibitions, competitions, sport and performance remain prohibited.
Masking – immediate
- The mandatory indoor public masking requirement will be extended provincewide.
- Public spaces include locations where a business or entity operates and is applicable to employees, visitors and the general public.
- Applies to all indoor workplaces and facilities outside the home.
- Farm operations are excluded.
- Rental accommodations used solely for the purposes of a private residence are excluded.
Places of worship – starting at 12:01 a.m., Dec. 13
- All places of worship will be limited to 15 per cent of fire code occupancy for in-person attendance.
- Virtual or online services are strongly encouraged.
- Drive-in services where individuals do not leave their vehicles and adhere to guidance will be permissible and are not subject to capacity restrictions.
- Mandatory mask mandate, physical distancing and other guidelines remain in place.
Retail – starting at 12:01 a.m., Dec. 13
- Retail services must reduce customer capacity to 15 per cent of fire code occupancy, with a minimum of five customers permitted.
- Curbside pickup, delivery and online services are encouraged.
- Shopping malls will be limited to 15 per cent of fire code occupancy.
Closures – starting at 12:01 a.m., Dec. 13
- Restaurants, pubs, bars, lounges and cafes will be closed to in-person service.
- Only takeout, curbside pickup and delivery services are permitted.
- Casinos, bingo halls, gaming entertainment centres, racing entertainment centres, horse tracks, raceways, bowling alleys, pool halls, legions, and private clubs will be closed.
- Recreational facilities – fitness centres, recreation centres, pools, spas, gyms, studios, day and overnight camps, indoor rinks and arenas – will be closed.
- Outdoor recreation is permitted, but facilities with indoor spaces except for washrooms will be closed.
- Entertainment businesses and entities – libraries, science centres, interpretive centres, museums, galleries, amusement parks and water parks – will be closed.
- Hotels may remain open but must follow restrictions – no spas, pools or in-person dining. Room services only.
- Personal and wellness services, including hair salons, nail salons, massage, tattoos, and piercing, will be closed.
Health services, including physiotherapy or acupuncture, social or protective services, shelters for vulnerable persons, emergency services, child care, and not-for-profit community kitchens or charitable kitchens will remain open for in-person attendance.
Work from home – starting at 12:01 a.m., Dec. 13
- Mandatory work from home measures will be implemented unless the employer determines that work requires a physical presence for operational effectiveness.
Closures – ongoing from Nov. 27
- Entertainment businesses and entities – community halls and centres, indoor children’s play centres and indoor playgrounds, theatres, auditoriums, concert halls, and community theatres, nightclubs, banquet halls and conference centres, indoor and outdoor festivals, concerts with the exception of drive-in events, tradeshows, and sporting events or competitions, remain closed.
Alberta
As LNG opens new markets for Canadian natural gas, reliance on U.S. to decline: analyst

From The Canadian Energy Centre
By Cody Ciona
Starting with LNG Canada, producers will finally have access to new customers overseas
Canada’s natural gas production and exports are primed for growth as LNG projects come online, according to Houston, Texas-based consultancy RBN Energy.
Long-awaited LNG export terminals will open the door to Asian markets and break the decades-long grip of the United States as the sole customer for Canada’s natural gas.
RBN projects that Canada’s natural gas exports will rise to 12 billion cubic feet per day (bcf/d) by 2034, up from about 8 bcf/d today. But as more LNG terminals come online, less of that natural gas will head south.
“We think the real possibility exists that the amount of natural gas being exported to the United States by pipeline will actually decline,” said Martin King, RBN’s managing director of North America energy market analysis, on a recent webinar.
RBN’s analysis suggests that Canada’s natural gas exports to the United States could drop to 6 bcf/d by the early 2030s compared to around 8 bcf/d today.
With the first cargo from the LNG Canada terminal at Kitimat, B.C. expected to ship in late June, Canada will finally have access to new markets for natural gas. The first phase of the project will have capacity to ship about 1.8 bcf/d.
And more projects are on the way.
LNG Canada’s joint venture partners are considering a second phase that would double export capacity.
Also at Kitimat, the Cedar LNG project is under construction and is expected to be completed in 2028. The floating terminal led by the Haisla Nation will have capacity to export 0.4 bcf/d.
Woodfibre LNG, located near Squamish, B.C. began construction in late 2023 and is expected to be substantially completed by 2027, with export capacity of about 0.3 bcf/d.
Expansions of LNG Canada and Cedar LNG could put LNG exports into the range of 5 bcf/d in the early 2030s, King said.
Alberta
SERIOUS AND RECKLESS IMPLICATIONS: An Obscure Bill Could Present Material Challenge for Canada’s Oil and Gas Sector

From Energy Now
By Tammy Nemeth and Ron Wallace
Bill S-243 seeks to “reshape the logic of capital markets” by mandating that all federally regulated financial institutions, banks, pension funds, insurance companies and federal financial Crown Corporations align their investment portfolios with Canada’s climate commitments
Senator Rosa Galvez’s recent op-ed in the National Observer champions the reintroduction of her Climate-Aligned Finance Act (Bill S-243) as a cornerstone for an “orderly transition” to achieving a low-carbon Canadian economy. With Prime Minister Mark Carney—a global figure in sustainable finance—at the helm, Senator Galvez believes Canada has a “golden opportunity” to lead on climate-aligned finance. However, a closer examination of Bill S-243 reveals a troubling agenda that potentially risks not only crippling Canada’s oil and gas sector and undermining economic stability, but one that could impose unhelpful, discriminatory measures. As Carney pledges to transform Canada’s economy, this legislation would also erode the principles of fairness in our economic and financial system.
Introduced in 2022, Bill S-243 seeks to “reshape the logic of capital markets” by mandating that all federally regulated financial institutions, banks, pension funds, insurance companies and federal financial Crown Corporations align their investment portfolios with Canada’s climate commitments, particularly with the Paris Agreement’s goal of limiting global warming to 1.5°C. The Bill’s provisions are sweeping and punitive, targeting emissions-intensive sectors like oil and gas with what could only be described as an unprecedented regulatory overreach. It requires institutions to avoid financing “new fossil fuel supply infrastructure” and to plan for a “fossil-free future,” effectively discouraging investment in Canada’s energy sector. To that end, it imposes capital-risk weights of 1,250% on debt for new fossil fuel projects and 150% or more for existing ones, making such financing prohibitively expensive. These measures, as confirmed by the Canadian Bankers’ Association and the Office of the Superintendent of Financial Institutions in 2023 Senate testimony, would have the effect of forcing Canadian financial institutions to exit oil and gas financing altogether. It also enshrines into law that entities put climate commitments ahead of fiduciary duty:
“The persons for whom a duty is established under subsection (1) [alignment with climate commitments] must give precedence to that duty over all other duties and obligations of office, and, for that purpose, ensuring the entity is in alignment with climate commitments is deemed to be a superseding matter of public interest.”
While the applicability of the term used in the legislation that defines a “reporting entity” may be a subject of some debate, the legislation would nonetheless direct financial institutions to put “climate over people”.

There are significant implications here for the Canadian oil and gas sector. This backbone of the economy employs thousands and generates billions in revenue. Yet, under Bill S-243, financial institutions would effectively be directed to divest from those companies if not the entire sector. How can Canada become an “energy superpower” if its financial system is directed to effectively abandon the conventional energy sector?
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Beyond economics, Bill S-243 raises profound ethical concerns, particularly with its boardroom provisions. At least one board member of every federally regulated financial institution must have “climate expertise”; excluded from serving as a director would be anyone who has worked for, lobbied or held shares in a fossil fuel company unless their position in the fossil fuel company was to help it align with climate commitments defined in part as “planning for a fossil fuel–free future.” How is “climate expertise” defined? The proposed legislation says it “means a person with demonstrable experience in proposing or implementing climate actions” or, among other characteristics, any person “who has acute lived experience related to the physical or economic damages of climate change.” Bill S-243’s ideological exclusion of oil and gas-affiliated individuals from the boards of financial institutions would set a dangerous precedent that risks normalizing discrimination under the guise of environmental progress to diminish executive expertise, individual rights and the interests of shareholders.
Mark Carney’s leadership adds complexity to this debate. As the founder of the Glasgow Financial Alliance for Net Zero, Carney has long advocated for climate risk integration in finance, despite growing corporate withdrawal from the initiative. Indeed, when called to testify on Bill S-243 in May 2024, Carney praised Senator Galvez’s initiative and generally supported the bill stating: “Certain aspects of the proposed law are definitely achievable and actually essential.” If Carney’s Liberal government embraces Bill S-243, or something similar, it would send a major negative signal to the Canadian energy sector, especially at a time of strained Federal-Provincial relations and as the Trump Administration pivots away from climate-related regulation.
Canada’s economy and energy future faces a pivotal moment. Bill S-243 is punitive, discriminatory and economically reckless while threatening the economic resilience that the Prime Minister claims to champion. A more balanced strategy, one that supports innovation without effectively dismantling the financial underpinnings of a vital industry, is essential. What remains to be seen is will this federal government prioritize economic stability and regulatory fairness over ideological climate zeal?
Tammy Nemeth is a U.K.-based energy analyst. Ron Wallace is a Calgary-based energy analyst and former Permanent Member of the National Energy Board.
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