Financial security can be used as a tool by the ministry to manage the financial risks that may be associated with contaminated sites. Financial risk to the province can occur if there is a possibility that the province may incur contaminated site remediation costs for the protection of the environment or human health, or for the restoration or remediation of the environment.
BC Ministry of Water Land and Air Protection. 2003. Financial Security for Contaminated Sites Draft. BC Ministry of Water Land and Air Protection