Mr. Speaker, I want to clarify that the bidding process does not in itself authorize production activities in the offshore area.
I would also point out that any proposal for production within the boundaries would first and foremost be subject to the Impact Assessment Act, would have to fit within the framework of our climate plan and would have to offer the best emissions performance, including net-zero emissions by 2050.
These are merely licence bids for exploration, not the actual licences.