Canada's offshore oil and gas industry is among Atlantic Canada's most important economic drivers. Its success is critical to the region's economic recovery - but right now, the industry is in crisis.
The combination of COVID-19, the related temporary drop in demand for oil and gas, and the resulting price collapse has deferred projects, delayed exploration programs and reduced government revenues.
Thousands of women and men have been been laid off from jobs that are at risk of never returning unless immediate federal action is taken.
While other countries with offshore oil and natural gas industries acted swiftly to protect jobs and preserve these critical sectors – Canada has not.
Norway acted immediately. It’s only the world’s 15th largest oil producing nation - Canada ranks 4th – but Norway is the country who took swift and decisive action to protect their offshore sector.
Norway recognizes how critical its oil and natural gas industry is to the health and well-being of their economy and its citizens. As a country, they understand you can have a world-class industry, producing an essential product, while still being an environmental leader.
Our offshore industry provides good, mortgage-paying jobs for more than 5,000 Canadians – and there are thousands more whose livelihoods are supported by a supply chain involving more than 600 Atlantic Canadian companies.
Yet while countries like Norway have acted with urgency, Canada has not.
It has been months since Minister of Natural Resources, Seamus O’Regan, said that he and his government “fully understand the urgency of the situation” and over 3 months since he was quoted in The Telegram stating help was coming “very soon” for the sector.
So we're asking: where is Canada?
If you want to know where Canada's promised support for our critical offshore sector is as well: send a letter to your Member of Parliament, Minister of Natural Resources Seamus O'Regan, Minister of Finance Chrystia Freeland, Minister of Environment and Climate Change Jonathan Wilkinson, and Minister of Infrastructure and Communities Catherine McKenna.
Let them know that you support Canada's offshore oil and gas industry and asking them to tell Prime Minister Trudeau Canada's offshore requires immediate federal support.
It only takes minute and your voice will make all the difference.
- Directly employs more than 5,500 people (and thousands more indirectly).
- Supports more than 600 supply/service companies.
- Cumulative expenditures by the producing sector in Atlantic Canada from 1997 to 2017 total more than $66.8 billion.
- Cumulative royalties paid to the Governments of Nova Scotia and Newfoundland and Labrador from 1997 to 2017 total more than $23.3 billion.
- More than $506 million spent on research and development, and education and training.