Governments of Canada and Newfoundland and Labrador Sign Memorandum of Understanding to Advance Offshore Wind Power and Good Jobs

Natural Resources Canada | December 6, 2023

Energy systems across the world are rapidly transforming, and offshore wind development will create sustainable jobs and help power Canada’s economy. With the longest coastlines in the world, Canada is well positioned to become a global leader in the $1-trillion global offshore wind energy market, particularly in Atlantic Canada.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and the Honourable Dr. Andrew Furey, Premier of Newfoundland and Labrador, signed a Memorandum of Understanding (MOU) on offshore wind to enable Newfoundland and Labrador to take the regulatory lead on offshore wind projects within its inland bays to enable the development of offshore wind projects in Newfoundland that will power Newfoundland’s economy forward.