Sure.
The Canada Petroleum Resources Act is administered by the Minister of Natural Resources south of 60, more or less, and north of 60 it's by the Minister of Indigenous and Northern Affairs. In that context, the proposed amendments to the legislation outline a process to deal with legacy permits that are in place on the west coast and in the north, for which there has been, for example, on the west coast, a moratorium on oil and gas activities for 45 years.
Those permits still have a legal status. The amendments allow for the competent minister to propose, in the establishment of an Oceans Act MPA, a process with the permit holder to either surrender them or, as the case may be, to end up extinguishing those permits and then offer a path for compensation for what their value may be.