Reclamation & Abandonment
Reclamation & Abandonment : Activities for the stabilization, contouring, maintenance, conditioning or reconstruction of the surface of land resulting in the land being able to support a range of activities similar to its previous use before oil sands development. By law, industry must post financial security equivalent to the cost of reclamation before beginning oil sands activity. Funds provided to the Environmental Protection Security Fund as required by law and returned to industry when reclamation certificates are issued. Provide aggregated capital costs for reclamation and abandonment related assets
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