FW: Canada's Bill C-38 passes both sides of Parliament. Hydro looking up.

Subject: Canada's Bill C-38 passes both sides of Parliament


http://www.hydroworld.com/index/display/article-display/3010934669/articles/
hrhrw/regulationandpolicy/general/2012/06/canada_s-bill_c-38.html?cmpid=EnlH
ydroJuly32012

Canada's Bill C-38 passes both sides of Parliament

OTTAWA, Ontario, Canada 6/27/12 (PennWell) -- Canada's Budget Implementation
Act has been approved by both the House of Commons and Senate, potentially
opening the door for increased hydroelectric growth.

The controversial legislation, also known Bill C-38, would modify more than
70 existing acts with the state goal of stimulating economic growth by
spurring hydropower development and expansion.

HydroWorld.com first reported on Bill C-38 in May when it was brought before
Canada's Parliament, and since then it has undergone numerous changes before
being passed by a 158-135 margin June 18.

Having passed both the House and Senate, Bill C-38 won't officially become
law until it is given Royal Assent by Canada's Governor General. The process
is largely ceremonial and reflects Canada's historical sovereignty under
England, so while a veto by the Governor General on behalf of the Crown is
possible, no such denial has ever been given.

Affected acts include the Canadian Environmental Assessment Act, Canadian
Environmental Protection Act, Kyoto Protocol Implementation Act, Fisheries
Act, Navigable Waters Protection Act, Energy Board Act and Species at Risk
Act, among others.

Peopl
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