Fracking Company Suing for Lost Profits in Québec

On September 6, 2013 Lone Pine Resources quietly submitted its formal request for arbitration against Canada, arguing that Québec’s moratorium against fracking deprives Lone Pine of its right to profit in the Saint Lawrence Valley. Under NAFTA rules, the case will be argued in front of a panel of 3 judges. The Notice of Arbitration is available at: http://www.international.gc.ca/trade-agreements-accords-commerciaux/assets/pdfs/disp-diff/lone-02.pdf.

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