Newfoundland and Labrador’s offshore sector is critical to the province’s economy and makes up a significant part of Canada’s oil and natural gas sector. Our offshore industry directly employs over 5,000 Newfoundlanders and thousands more indirectly, it is responsible for 25 per cent of our provinces GDP over the last 20 years
The success of our economic recovery is absolutely dependent on the success of our offshore. We need this vital industry to recover if Newfoundland and Labrador is going to make a full economic recovery.
If our offshore is going to drive our recovery we need: competitive regulatory policies, expediting developments and competitive fiscal and economic policy.
The benefits of our offshore sector for Newfoundland and Labrador are immense, our province has an opportunity to supply responsibly produced oil and natural gas resources to world markets, while advancing its interests in lower-carbon energy and clean technology
Sign the pledge today to vote in support of our energy sector and ask your candidates at the doors to show their support!