#union #iww #ows #p2 #tlot #tcot

Quebec Fracking Ban Lawsuit: Lone Pine Resources Wants $250M From Ottawa


An American company intends to sue the Canadian government for more than $250 million over Quebec's controversial moratorium on hydraulic fracturing or fracking.

Lone Pine Resources Inc. (TSX:LPR), which is incorporated in Delaware but headquartered in Calgary, has filed notice that it intends to sue under provisions of the North American Free Trade Agreement.

Lone Pine says the Quebec government's move to cancel a natural gas exploration permit for deposits beneath the St. Lawrence River last year was "arbitrary, capricious and illegal."

Details of the claim for arbitration are contained in...