MPs To Repeal Liability Cap

Cabinet is lifting a liability cap on compensation from oil tanker spills after noting current limits come nowhere near the cost of cleaning up a catastrophic accident. Transport Canada said limits on payouts fixed to a 1990 formula under a federal Ship-Source Oil Pollution Fund will be repealed. Clean-up costs associated with any environmental disaster will be met by the federal treasury, then recovered by fees on oil shippers: “We’ll see”.

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top