LETTER NO. L‐43‐08 ERICA M. HAMILTON SIXTH FLOOR, 900 HOWE STREET, BOX 250 COMMISSION SECRETARY VANCOUVER, B.C. CANADA V6Z 2N3 Commission.Secretary@bcuc.com TELEPHONE: (604) 660‐4700 web site: http://www.bcuc.com BC TOLL FREE: 1‐800‐663‐1385 FACSIMILE: (604) 660‐1102 Log No. 26590 VIA EMAIL cdonohue@png.ca September 11, 2008 Mr. C.P. Donohue Director, Regulatory Affairs & Gas Supply Pacific Northern Gas Ltd. 950 ‐ 1185 West Georgia Street Vancouver, B.C. V6E 4E6 Dear Mr. Donohue: Re: Pacific Northern Gas Ltd. Pacific Northern Gas (N.E.) Ltd. Carbon Tax/BC Corporate Income Tax Rate Deferral Accounts This will acknowledge receipt of your August 19, 2008 letter regarding the establishment of deferral accounts to record the Carbon Tax/BC Corporate Income Tax pursuant to Commission Letter L‐37‐08. The Commission has reviewed your request and accepts PNG’s proposal to record the estimated income tax credits and carbon tax costs from its June 27, 2008 letter rather than recording actual amounts on a monthly basis given the difficulty PNG would encounter in accounting for the carbon tax it incurs on fuel consumed in transportation equipment and the impact of the 1 percent reduction in provincial income taxes. Yours truly, Original signed by Erica M. Hamilton cms Orders/L‐43‐08_PNG Carbon‐BC Tax Rate Deferral Accts
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.