Thank you, Madam Chair.
Thank you to all of the presenters today.
I am an MP from Newfoundland and Labrador. I live in a riding where the vast majority of the work in offshore oil and gas occurs, where we have built gravity-based structures over the last couple of decades , and have developed a fairly large offshore oil and gas industry. Of course, the province keeps talking about the potential for the future, in terms of offshore oil and gas.
I'm hearing lots of commentary coming back to me from Newfoundland and Labrador from groups like Noia, CAPP, the province itself, and the energy minister. Most of the lobby effort really is related to offshore oil and gas in terms of this act and what it's going to do in terms of the future process that people will have to follow, in terms of public consultation, and all of these kinds of things. Of course, what they keep talking to me about is how if certain parts of this act are changed or amended, that is going to mean or have some dire consequences for offshore oil and gas.
What I am more interested in today, I guess, is what might be your perspective on this. I know, for example, that under the Atlantic accord there are certain stipulations that are alluded to with regard to the offshore petroleum boards.
I just wonder, Mr. Bankes, if you could maybe comment on what you see as a future role. I know you have talked already about the C-NLOPB with regard to their involvement in the future development of offshore Newfoundland and Labrador in particular.