Cost Recovery

The National Energy Board is a cost-recovered agency. The National Energy Board Cost Recovery Regulations set out which costs the NEB recovers and the manner in which money is recovered. Approximately 90% of the Board's total expenditures are recovered from the companies it regulates under the National Energy Board Act. The calculation of cost recovery levies for a particular company is determined as set out in the Cost Recovery Regulations. The NEB consults with regulated companies with respect to cost recovery through a Cost Recovery Liaison Committee which is comprised of industry and government representatives.

What's New

  • Auditor's Reports and NEB Financial Statements
    The 2013-2014 audited financial statements for cost recovery are now available on the NEB's website.  These financial statements have been prepared as at March 31 which corresponds with the Board’s year-end. Prior to 2014, the Board had issued financial statements as at December 31 in conjunction with its calculation and allocation of recoverable costs performed on a calendar year basis in accordance with the NEB Cost Recovery Regulations. Cost recovery calculations performed on a calendar year basis are included in a Schedule to these financial statements.
  • 2014-2015 Report on Plans and Priorities
    Cost Recovery Liaison Committee (CRLC) members have expressed interest in having information regarding the NEB's spending plans. For your information, the NEB's Report on Plans and Priorities for the 2014-2015 fiscal year was approved, tabled in Parliament and is now posted on the Treasury Board website.
    This document sets the NEB's Parliamentary spending authorization for the current and next two fiscal years. Although these numbers do not align directly with recoverable costs they are indicative of the cost recovery estimates for the next couple of years.

Cost Recovery Information

Cost Recovery Regulations

 

For more information

For more detailed information:

Cost Recovery, Financial Governance & Control Analyst
National Energy Board
E-mail: Cost.Recovery@neb-one.gc.ca
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5503
Facsimile (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663

Sandy Leveque
Director, Financial Services

National Energy Board
E-mail: Sandy.Leveque@neb-one.gc.ca
Telephone: 403-389-7184
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5503
Facsimile (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663

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