Narrative
Full Description
Project narrative
In 2015, according to the company's annual financial report, Sinopec Daylight Energy Ltd.- now Sinopec Canada Energy Ltd.- donated approximately CAD 500,000 to not-for-profit groups throughout Canada, mostly in Alberta. This TUFF database entry captures all funding which is known to have been dispersed, but for which the specific allocation is unknown. Dispersed funding for which both the destination and specific allocation amounts are known are captured in these TUFF projects: Calgary Zoo (Record ID#94914), the Wood's Homes Foundation (Record ID#94915), the Alberta Children's Hospital Foundation (Record ID#94917), the EvenStart Foundation (Record ID#94918), Parkinson Alberta (Record ID#95059) All further known funding for which the destination and specific allocation amount is unknown, amounting to approximately CAD 152,590, is captured in this TUFF project.
Staff comments
1. The transaction amount was calculated by subtracting all funding for which the destination and allocation are known, captured through the projects in package ID #171. Therefore, the transaction amount in this TUFF database entry refers to the remaining funds which Sinopec Canada Energy Ltd. was known to have dispersed, but for which the allocation and amount are currently unknown. 2. The OECD code for this project was chosen as "160 - OTHER SOCIAL INFRASTRUCTURE AND SERVICES" as this is the majority designation for the related known projects. However, other designations are common in those projects.