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Overview

Sinopec Canada Energy Ltd. donates approximately CAD 323,000 to unspecified charitable causes throughout Canada

Commitments (Constant USD, 2023)$264,766
Commitment Year•2017Country of Activity•CanadaDirect Recipient Country of Incorporation•CanadaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2017

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • Sinopec Canada Energy Ltd.

Receiving agencies

NGO/CSO/Foundations

  • Unspecified Canadian Non-Profit Organizations

Loan description

Sinopec Canada Energy Ltd. donates approximately CAD 323,000 to unspecified charitable causes throughout Canada

Narrative

Full Description

Project narrative

In 2017, according to the company's annual financial report, Sinopec Canada Energy Ltd., through its operating subsidiary Sinopec Daylight 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#94998), Calgary Food Bank (Record ID#94999), Leukemia and Lymphoma Society of Canada (Record ID#95000), Calgary Meals and Wheels (Record ID#95001), YWCA Canada (Record ID#95003) Dispersed funding for which the destination is known, but the specific allocation amount is unknown, are captured in these TUFF projects: Theatre Calgary (Record ID#95002) All further known funding for which the destination and specific allocation amount is unknown, amounting to approximately CAD 323,000, 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 #175. 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.