Overview

• On July 3, Alberta and Evolve Power Ltd. agreed in principle and Atrum Coal Ltd. signed a definitive settlement, with financial terms remaining confidential.
• The agreements address claims that government reversals of a 1976 Eastern Slopes protection policy and a moratorium amounted to de facto expropriation of coal assets.
• Alberta’s Ministry of Energy and Minerals reported $356 million in excess expenses last fiscal year primarily due to litigation settlements and oil selling costs.
• Lawsuits by Cabin Ridge, Black Eagle and Northback’s Grassy Mountain dispute remain unresolved as exploratory permits and regulatory challenges continue.
• Siksika Nation has filed for judicial review of the January moratorium lift, alleging failures in the duty to consult and threats to Treaty rights.