Certainty, Confidence, Competitiveness

Clear criteria • The regulator would also participate in set out in the regulations would dictate engagement and Crown consultation at all when the Minister could “stop the stages of the regulatory processes. [...] The timeline would be determined at the end of the early planning phase on a project-by-project basis, taking into account the complexity of the project, the potential effects, public concerns, and opportunities for cooperation with other jurisdictions. [...] In recognition of the joint management of the offshore accords with Nova Scotia and Newfoundland and Labrador, the new Agency would collaborate with the offshore boards in reviewing major offshore oil and OFFSHORE gas projects. [...] Impact assessments will review what is most relevant concerning a project: • Guidelines for producing the impact statement, tailored for each project and consistent with the scope and complexity of the project, would provide a clear Tailored Impact statement of specific issues to be covered, including the positive and negative Statement economic, social, health, and environmental effects, and iden [...] Act would create opportunities • The new legislation would continue the potential to align federal and provincial for substitution, which allows the process in an assessment processes for identified jurisdiction to replace the federal one decisions to be taken at the as long as it meets the same standards.