RE:Reminder of why we all invested - still on Quebec website Expropriation and property laws are clear that fair value must be paid
The Hydrocarbon Act makes it clear that the rights are real property rights as described in the Chapter H-4.2. Division II.
IMMOVABLE REAL RIGHTS 2016, c.35, a 23
15. The exploration, production and storage rights conferred by a licence and the right to produce brine conferred by an authorization are immovable real rights.
Further, the laws of Quebec are clear on expropriation. Here are extracts from the Civil Code of Quebec and the Expropriation Act:
Civil Code of Quebec, CQLR c CCQ-1991
952. The owner cannot be forced to cede his property, except by means of expropriation made in accordance with the law for a cause of public utility and in return for fair and prior compensation.
Expropriation Act, CQLR c E-24
58. Compensation is set on the basis of the value of the expropriated property and the damage directly caused by the expropriation.