Narrative
Full Description
Project narrative
In 2016, according to the company's annual financial report, Sinopec Canada Energy Ltd., through its operating subsidiary Sinopec Daylight, donated approximately CAD 509,000 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#94920), Alberta Fire Relief (Record ID#94921), EvenStart Foundation (Record ID#94922), Wood's Home Foundation (Record ID#94923), Alberta Children's Hospital Foundation (Record ID#94924), Alberta Cancer Foundation (Record ID#94926). Dispersed funding for which the destination is known, but the specific allocation amount is unknown, are captured in these TUFF projects: Calgary Immigrant Women's Association (Record ID#94925), Studio Bell National Music Centre (Record ID#94928). All further known funding for which the destination and specific allocation amount is unknown, amounting to CAD 165,000, 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 #172. 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.