Orphan site rehabilitation money to create 5,300 new jobs
A new program will provide the energy industry with access to up to $1 billion, creating jobs to immediately get Albertans back to work.
The Site Rehabilitation Program – mainly funded by the federal government’s COVID-19 Economic Response Plan – will provide grants to oilfield service contractors to perform well, pipeline, and oil and gas site reclamation work. Starting now, the program is expected to create about 5,300 direct jobs and lead to the cleanup of thousands of sites.
This work will be done in Alberta, putting Albertans back to work. The program will also provide additional economic benefits, such as indirect employment, helping support various sectors of Alberta’s economy – including restaurant and hotel workers, and many other businesses – as it begins to reopen and recover after the effects of COVID-19.
“Alberta’s energy industry is the largest subsector of Canada’s economy, as well as one of its biggest job creators. We are creating almost 5,300 jobs for Alberta’s energy workers, while completing important work decommissioning and reclaiming abandoned pump jacks, pipelines and wells. This will ensure that sites are properly addressed, benefiting landowners and Albertans across the province,” says Sonya Savage, Minister of Energy.
This program will launch on May 1, with an initial focus on providing grants to service companies that have been significantly impacted by the unprecedented economic downturn. The program will provide funds in $100-million increments.
The first $100 million will be available for service companies to do eligible work anywhere in the province. Future increments may be allocated for work conducted in specific regions within the province, directing funds where they can have “the most significant environmental benefits.”