The present Regulations enact subsection 76(1) of the Canada Petroleum Resources Act. In particular, the Regulations lay down provisions relating to environmental studies carried out by the Research Fund. The purpose of the Fund is to finance environmental and social studies pertaining to the manner in which, and the terms and conditions under which, exploration, development and production activities on frontier lands authorized under this Act or any other Act of Parliament should be conducted. For the purposes of paragraph 76(1)(a) of the Canada Petroleum Resources Act, the “prescribed regions” are the regions described in Part I of the Schedule and illustrated in Part III of the Schedule. The text consists of 3 sections and 1 Schedule.
Implements: Canada Petroleum Resources Act (R.S.C. 1985, c. 36) (2nd Supp.). (2016-02-27)
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A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867, while retaining ties to the British crown. Economically and technologically, the nation has developed in parallel with the US, its neighbor to the south across the world's longest international border. Canada faces the political challenges of meeting public demands for quality improvements in health care, education, social services, and economic competitiveness, as well as responding to the particular concerns of predominantly francophone Quebec.