The Lieutenant Governor in Council, effective January 10, 2014,
1 approves the borrowing by Alberta Petroleum Marketing Commission of up to $1 000 000 000 from the Crown or any other person;
2 approves Alberta Petroleum Marketing Commission directly or indirectly purchasing shares, making a loan of money or entering into a joint venture or partnership or guaranteeing the obligations of any person for the purpose of financing the North West Redwater (Sturgeon) refinery.
For Information only
Recommended by: Minister of Energy
Authority: Petroleum Marketing Act (sections 12 and 12.1)