Competition Act Disclaimer

Recent amendments to the Competition Act introduced in Bill C-59, which received Royal Assent on June 20, 2024, have created considerable uncertainty around ESG reporting. These amendments raise questions about how Canadian companies can publicly communicate their environmental and climate performance and progress.

Due to this uncertainty, we have decided to temporarily remove certain voluntary disclosures from our website and suspend our ESG reporting until further clarity is provided by the Canadian Competition Bureau regarding the application and interpretation of these new amendments.

Notwithstanding these legislative changes, NuVista’s intent and approach to environmental action remains unchanged and we will continue to be focused on continuous improvement. Additionally, we are committed to supporting a strong economy by continuing to invest in the communities where we live and operate, pay significant royalties and taxes which benefit all Canadians, offer job opportunities and provide Canadians with secure access to affordable energy.