<html><head></head><body><div style="font-family:Helvetica Neue, Helvetica, Arial, sans-serif;font-size:16px;"><span><div style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px;"><font size="3">Hi folks</font></div><div style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px;"><font size="3"><br></font></div><div style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px;"><font size="3">There is a VERY important case is happening regarding Chevron vs. Indigenous Equadorians that flagged this: </font><span style="font-size: medium;"> </span><span style="font-size: medium; color: rgb(20, 23, 26); white-space: pre-wrap;">Chevron Canada & Chevron </span><span style="font-size: medium; color: rgb(20, 23, 26); white-space: pre-wrap;">Corp are by law, two seperate companies but Chevron</span><span style="font-size: medium; color: rgb(20, 23, 26); white-space: pre-wrap;"> Canada was not authorized to spend money and make decisions independently which is why it flags concerns of fraud. A Toronto Star article states; </span></div><div style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px;"><span style="color: rgb(20, 23, 26); white-space: pre-wrap;"><font size="3"><br></font></span></div><div style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px;"><p style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><i>He noted that Chevron Canada cannot make independent decisions because its policies require it to ask executives at Chevron Corp. for permission to spend any significant amount of money. The Canadian company even had to seek approval from its parent in California to lease its head office in Calgary, Lenczner said.</i></font></p><p style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><i>“Other than day-to-day operations, Chevron Canada has no significant authority to engage in its core and fundamental business. Every step ... has required (outside) approval,” he told a three-judge panel.</i></font></p><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><i>Benjamin Zarnett, representing Chevron Canada, argued the two companies are distinct and separate. “Corporations are separate legal entities even if they’re part of a group. It’s not an economic reality, but it’s a legal reality,” Zarnett said.</i></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><i><br></i></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">Full article here: </font><a href="https://www.thestar.com/news/canada/2018/04/18/chevron-canada-should-pay-for-pollution-in-ecuador-ontario-court-told.html" rel="nofollow" target="_blank" style="background-color: rgb(255, 255, 255);" class="">https://www.thestar.com/news/canada/2018/04/18/chevron-canada-should-pay-for-pollution-in-ecuador-ontario-court-told.html</a></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><br></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">When it comes to Pickering Nuclear it is absolutely critical to find out these 3 things:</font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><br></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">1. What COMPANY is making the application with the CNSC?</font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">2.What COMPANY owns the asset?</font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">3.What COMPANY is collecting the tarrifs?</font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">4. Are there any US based COMPANIES linked to the funding structure?</font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><br></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">Recently the FERC ruled a company cannot claim tax benefits on a Master Limited Partnership. Firms like Enbridge were transferring plans that had no Canadian taxes on it to US based firms claiming tax write offs there. Here is an article about this: </font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><a href="http://business.financialpost.com/commodities/energy/pipeline-selloff-deepens-as-dbrs-warns-enbridge-subsidiarys-credit-rating-could-significantly-weaken" style="color: rgb(25, 106, 212); text-decoration-line: underline;" rel="nofollow" target="_blank">http://business.financialpost.com/commodities/energy/pipeline-selloff-deepens-as-dbrs-warns-enbridge-subsidiarys-credit-rating-could-significantly-weaken</a><br></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><br></font></div><div style="margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><font color="#404040"><span style="white-space: pre-wrap;">Another fault recently flagged is that pipeline firms like Enbridge projected the taxes they would owe based on over estimated values for the costs of both oil and natural gas. For years they collected far more tariffs from customers than was reasonably allowed and now they have to pay it back: </span></font></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><a href="https://oilprice.com/Energy/Energy-General/US-Pipeline-Companies-Face-Hefty-Overcharge-Payback.html" rel="nofollow" target="_blank">https://oilprice.com/Energy/Energy-General/US-Pipeline-Companies-Face-Hefty-Overcharge-Payback.html</a><br></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><br></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">So we need to ask: are these situations repeating with the Nuclear Power sector? Does the price of the tarrifs today match up with current costs of energy or are people being over taxed?</font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3"><br></font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><font size="3">The reason I ask this is because oil and gas firms also own nuclear interests as noted in this Forbes article which states: </font></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><span style="color: rgb(0, 0, 0);"><i><font size="3"><br></font></i></span></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><i><font size="3"><span style="color: rgb(0, 0, 0);">From the 1950s through the early 1980s big oil and chemical companies like Union Carbide, Exxon, Chevron, Conoco and even U.S. Steel mined uranium in South Texas. Not only did they find a lot of the stuff while hunting for oil and gas, but the federal government, amid the Cold War, even required that they also run tests in every oil and gas well to check for the presence of uranium. </span></font></i></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><a href="https://www.forbes.com/sites/christopherhelman/2013/01/23/fracking-for-uranium/#d09762f7c5be" style="color: rgb(25, 106, 212); text-decoration-line: underline;" rel="nofollow" target="_blank">https://www.forbes.com/sites/christopherhelman/2013/01/23/fracking-for-uranium/#d09762f7c5be</a></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><br></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);">I suspect they used the same flawed funding models and if the FERC made it's ruling that you can't claim the taxes on MLP's, the need is there to revisit the funding structure supporting Pickering and Darlington.</div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><br></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);">I'll take a look into this further at my end and I'll make a submission to the CNSC about this. Either way, heads up! </div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);"><br></div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);">Louisette Lanteigne</div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);">700 Star Flower Ave.</div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);">Waterloo Ont.</div><div style="color: rgb(64, 64, 64); white-space: pre-wrap; margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; line-height: 1.4; background-color: rgb(250, 250, 250);">N2V 2L2 </div></div></span><br></div></body></html>