Mr. Speaker, the Canada-Newfoundland and Labrador Offshore Petroleum Board is an independent regulator with standards that are some of the most stringent in the world. Emergency plans must be filed. No project can be approved until the regulator is confident that the environment is protected and the safety of workers is guaranteed. At present, there are no drilling permit applications for this sector.
In the House of Commons on November 2nd, 2010. See this statement in context.