| Nature Nation Enewsletter
Nature Canada Raises Questions Nature Canada conservation programs manager Carla Sbert traveled to Toronto to confront EnCana executives at their annual shareholders meeting on April 22. Carla's Statement to EnCana My name is Carla Sbert and I am here on behalf of Nature Canada, a national conservation organization and EnCana shareholder. My question is about EnCana’s plans to expand operations in the Suffield National Wildlife Area in Alberta. The purpose of that National Wildlife Area is to protect endangered native prairie and 18 different species of animals and plants threatened with extinction. The area is a military base that had seen oil and gas exploitation since the mid 1970s. The Department of National Defense established the wildlife refuge in Suffield in 2003. But instead of winding down their operations, EnCana has decided to almost double the density of wells in the National Wildlife Area. EnCana claims the drilling project would have insignificant impacts on the protected area. But conservation experts and the Government of Canada have presented evidence to the contrary. This is generating criticism in the press and a reputational risk for the corporation. EnCana has a responsibility to provide shareholders with assessment of risk information. However, there is no discussion of this project in the annual report and there is no sign that the implications for the company’s image have been seriously considered. Or for that matter, that the win-win alternative has been considered; which would be to forego the exploitation of resources in this protected area, seize the potential fiscal advantages, and boost, rather than damage, the company’s reputation. EnCana has many other places to go, but Suffield’s endangered species don’t. So my question is:
I would appreciate supporting documentation with your answers.
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