Dragun Corporation Staff, Author at Dragun Corporation

New Climate Reporting Will Reach Beyond Financial Firms

Posted by Dragun Corporation Staff on Mar 19, 2024 in Blog | 0 comments

In November 2022, we discussed the upcoming mandatory climate reporting requirements affecting lenders and insurance companies. The first of those required climate reports will begin in 2024, and the reach of this new reporting will go well beyond the financial community. Climate Reporting Rule Background On March 7, 2023, the Office of the Superintendent of Financial Institutions (“OSFI”) issued Guideline B-15: Climate Risk Management. According to McCarthy Tetrault,...

What will Constitute a “Reasonable Limit” under Bill S-5?

Posted by Dragun Corporation Staff on Mar 6, 2024 in Blog | 0 comments

In our July 7, 2023, blog we discussed Bill S-5, Strengthening Environmental Protection Act for a Healthier Canada Act (The Act). On February 8, 2024, the Government of Canada announced a consultation regarding how to determine the right to a healthy environment will be implemented. As we discussed last year, the approach to the protection of human health and the environment under environmental justice (a focus in The Act) is a stark departure from numeric limits on...

Proposed Federal Plastics Registry Will Have Wide Application

Posted by Dragun Corporation Staff on Feb 20, 2024 in Blog | 0 comments

In our February environmental compliance tip, we shared the December 30, 2023, announcement by Environment and Climate Change Canada regarding the proposed “Notice of intent to issue a section 46 for the Federal Plastics Registry.” The comment period for this notice closed on February 13, 2024. According to the Canada Gazette, “The notice would require that any person described in Schedule 3 of the notice and who possesses or who may reasonably be expected to have access...

Environmental Enforcement: The Pace, Cost, and Recent Action

Posted by Dragun Corporation Staff on Feb 8, 2024 in Blog | 0 comments

Environmental enforcement and fines are seemingly becoming more common and consequential. For example, last March, we reported about a $16 million fine (a provincial fine). In April, we reported about two separate $1 million fines (federal fines). Pace and Trends in Environmental Enforcement While it does seem that there is more enforcement, a report by the insurance company, Berkley Canada states, “Despite the total value of large fines and penalties increasing in...

Regulation of PFAS in Canada and Complications of Banning PFAS

Posted by Dragun Corporation Staff on Jan 22, 2024 in Blog | 0 comments

In May 2023, the Draft State of Per- and Polyfluoroalkyl Substance (PFAS) Report was issued by the federal government. We are eight months or so from this Draft report being issued. Where are we now, what actions might be forthcoming, and what are the potential unintended consequences of restricting or banning PFAS? In October 2023, we reported that the federal government planned to issue a mandatory information-gathering notice for PFAS sometime in the fall of 2023....