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ARTICLE · 16 JUNE 2023

Bill C-49: The Future Of Offshore Renewable Energy Projects In Atlantic Canada

Borden Ladner Gervais LLP
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On May 30, 2023, Canada's Minister of Natural Resources, the Honourable Jonathan Wilkinson, introduced Bill C-49, an Act to amend the Canada-Newfoundland and Labrador...

CanadaEnergy and Natural Resources

On May 30, 2023, Canada's Minister of Natural Resources, the Honourable Jonathan Wilkinson, introduced Bill C-49, an Act to amend the Canada-Newfoundland and Labrador Atlantic Accord Implementation Act and the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act and to make consequential amendments to other Acts (Bill C-49)1 in the House of Commons. The main purpose of Bill C-49 is to advance and enable the development of offshore renewable energy in both Newfoundland and Labrador and Nova Scotia. This article covers the key amendments of Bill C-49 and highlights important takeaways for organizations that may be interested in pursuing offshore renewable projects in Atlantic Canada.

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