The governments of Canada and Nova Scotia intend to refresh and expand the mandate of the Canada-Nova Scotia offshore energy regime and further collaborate on establishing a competitive offshore renewables sector expected to position Nova Scotia as ”a world leader in offshore wind and clean hydrogen production.”
The two governments have agreed to work toward modernizing the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) that would expand its mandate to include the regulation of offshore renewable energy development in the Canada-Nova Scotia offshore areas.