(CANADA) Environmental Site Assessment: Do I need a Phase 2 ESA?

[Elijah Fast]

Hi there,

i'm interested in a small and older apartment building. I've approached the owners to talk about the property, he has indicated that there is an oil tank on the property. Hopefully some people with experience in Canadian Real Estate can help me (I think the laws are different for USA / CAN).

Questions:

1. If there's an oil tank on the property does that automatically fail the Phase 1 ESA?

2. If there's an oil tank on the property will I automatically require a Phase 2 ESA? 

3. If there's an oil tank on the property and the Phase 1 ESA comes back clean, will I still require a Phase 2 ESA?