Federal bill aimed at boosting Atlantic Canada's offshore green energy sector receives royal assent

By Anosha Khan (October 4, 2024, 4:26 PM EDT) -- In an expected boost to Atlantic Canada's economy, Ottawa has announced that 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 has received royal assent, clearing the way for a joint management regulatory framework for the development of offshore renewable energy....