What I can tell you is that we have worked together with our two provincial partners, both Newfoundland and Labrador and Nova Scotia, to clarify in the two pieces of legislation what the role of the two regulators would be in the context of a federal-only impact assessment.
It's important to remember that these are federal-provincial regulators that operate in a joint management context on behalf of both governments and both levels of government. There is a desire to ensure that both offshore areas provide the same opportunity and regulatory and legislative frameworks to ensure that companies coming into both the Canada-Newfoundland and Labrador offshore and the Canada-Nova Scotia offshore can expect the same operating framework.
Having one set of amendments in the Newfoundland act that speak to the role of the regulator in participating in an impact assessment, and the subsequent absence of similar amendments to the Canada-Nova Scotia version of the accord act, would create uncertainty, inconsistency and a lack of clarity for industry. It would also strengthen joint management in one offshore jurisdiction and weaken it in another. Our provincial colleagues would not support having an inconsistent approach whereby one regulator is given a certain treatment and the other regulator is not.