Canada 2020 Clear all

        • Article

        • 31 Jul 2020

        Canada’s legislation on oil security

        Introduction Canada’s oil supply emergency framework is governed by the 1985 Energy Supplies Emergency Act (ESEA). Compared to most other IEA members, Canada is a net oil exporter. As such, the country does not currently impose stockholding obligations on energy importers and does not have a Central Stockholding Entity (CSE). Instead, Canada’s ESEA created the Energy Supplies Allocation Board (ESAB) which prepares for emergencies and implements Canada’s oil supply emergency framework at times of crisis.  Relevant domestic legislation Related domestic legislation Other related links Circumstances triggering operation of the emergency response system An oil supply emergency exists…