On June 1, 2015, the Extractive Sector Transparency Measures Act (“the Act”) was brought into effect by the Canadian government. AltaGas is required to comply with ESTMA which was enacted by the Government of Canada. ESTMA requires extractive entities active in Canada to publicly disclose, on an annual basis, specific payments made to governments in Canada and abroad.
We recognize that conducting our business in a responsible, ethical and respectful way requires a commitment to transparency with our stakeholders. We believe reporting ESTMA payments to governments is an important way to increase trust with our stakeholders.