OTTAWA, ON, July 8, 2026 /CNW/ – The Government of Canada continues to advance regional assessments across the country while integrating its nature and economic agendas. These assessments will help support timely development decisions while protecting the environment.
Today, the Impact Assessment Agency of Canada published the finalized Terms of Reference and is proceeding with the Regional Assessment of Oil and Gas Exploratory Drilling in the Canada-Nova Scotia Offshore Area. The Terms of Reference were developed in consultation with the Nova Scotia Department of Energy, Natural Resources Canada (NRCan), and the Canada-Nova Scotia Offshore Energy Regulator (CNSOER), and with input received from Indigenous Peoples and the public. The Terms of Reference outlines the goals, objectives, scope and intended outcomes of the assessment. The assessment is expected to be completed in the second half of 2026.
This regional assessment will allow for a better understanding of potential effects of possible future offshore oil and gas exploratory drilling projects in the region, streamline regulatory decision-making, and uphold environmental protections. These outcomes will help ensure that future assessments are efficient while providing more predictability and certainty to proponents, stakeholders, and Canadians.
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“In a time of global uncertainty, Canada must make the most of its energy advantage. This regional assessment will help streamline future project reviews, provide greater certainty for investors and support responsible offshore oil and gas exploration activities in Nova Scotia. By reducing duplication and improving predictability in our review processes, we are strengthening Canada’s energy security, supporting good jobs and helping ensure Canadian energy can contribute to economic growth at home and energy stability abroad.”
“This regional assessment will provide the knowledge and understanding we need to make informed, responsible long-term decisions that will protect the environment and uphold Indigenous Rights, all while helping develop the economic opportunities of Nova Scotia.”
“Returning to the offshore to explore and develop oil and gas will grow our economy and create more opportunities for Nova Scotians, including good-paying jobs, strengthened energy security, and more revenues that can pay for healthcare, education and other benefits for communities. We appreciate the engagement of Nova Scotians whose feedback has helped shape a thorough and efficient regional assessment framework that will support safe and responsible offshore development.”
“As the independent, lead and lifecycle regulator of offshore energy development in the Canada-Nova Scotia offshore area, this regional assessment supports the CNSOER’s mandate of environmentally responsible lifecycle development of offshore energy. The intended outcomes are anticipated to improve the effectiveness and efficiency of project-specific assessments and the CNSOER’s regulatory authorization process for future proposed offshore exploratory drilling projects in the regional assessment study area.”
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SOURCE Impact Assessment Agency of Canada