It applies to mineral resources, which would be hydrocarbon resources and any mineral resources that exist within the sea floor beyond 200 nautical miles. Oddly enough, it also applies to scallops and things that live on the sea floor that are fisheries resources. Those resources are also captured as part of it. But it is all mineral resources in the sea floor beyond 200 nautical miles, to the outer limit of where Canada can go. Just exactly where that is has not yet been determined.
On February 26th, 2013. See this statement in context.