Glossary of Terms

An independent federal agency established in 1959 by the Parliament of Canada to regulate international and inter-provincial aspects of the oil, gas and electric utility industries. The purpose of the NEB is to promote safety and security, environmental protection and efficient energy infrastructure and markets in the Canadian public interest within the mandate set by Parliament in the regulation of pipelines, energy development and trade.

The period of time before a consumer can switch to another retailer after giving notice to his current retailer.