The February 28, 2017 order emphasized that the reduced award was a result of the whistleblower’s culpability in connection with the securities law violations and the whistleblower’s delay in reporting the violation to the SEC.
On February 18, 2016, after a thorough and rigorous analysis which included closely monitoring the rewards-based whistleblower programs offered by the U.S. and Ontario, the Autorité des marchés financiers (the AMF) announced that it does not intend to offer financial rewards to whistleblowers. Instead, the AMF wishes to promote a whistleblower program that builds on existing measures.
The farms and ranches in southern Alberta may not seem like fertile ground for the early adoption of new energy technology. However, southern Alberta is where Canada’s commercial wind energy industry got its start. Recently, other provinces have offered lucrative long-term contracts to attract renewable energy. Although Alberta has great wind and solar resources, a combination of low power prices and lack of such incentives has made it difficult to develop renewable-energy projects in the province. With new policies, can Alberta, Canada’s renewable energy pioneer, get back in the saddle?
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