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New Edition of Directive 067

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Release Date: April 13, 2023

Today we released a new edition of Directive 067: Eligibility Requirements for Acquiring and Holding Energy Licences and Approvals. This new edition comes into effect immediately.

In May, OneStop will begin accepting financial submissions under this directive (Schedule 3). This new edition complements this new functionality. Licensees and their parent corporations are now expected to submit financial statements and the financial summary through OneStop. Licensees should verify that the data has been received by checking OneStop before the deadlines specified in Directive 067.

In addition to notifying the AER if they are subject to insolvency proceedings, licensees must notify the AER immediately if they are ceasing their operations or initiate liquidation or dissolution proceedings.

To support the expansion of the AER’s mandate into the regulation of geothermal resources and mineral resources, the directive was also amended to incorporate references to the various acts and rules.

Directive 067 is available on the AER website, www.aer.ca. If you have any questions, contact our Customer Contact Centre by phone at 1-855-297-8311 or by email at @email.