05/29/2026
A few months ago, Nova Scotia’s energy potential was mostly conversation. Today, we are seeing real progress and real investment.
Our government has taken step after step to responsibly unlock the opportunities in front of us, guided by science, research, and strong environmental oversight.
In December, we launched a $30 million research partnership with Dalhousie University to better understand Nova Scotia’s natural resources and how they can be safely developed.
In February, we signed an agreement with Massachusetts to explore exporting clean offshore wind energy. We also introduced the Powering the Economy Act, while the federal government committed to a regional assessment process for offshore oil and natural gas exploration.
In March, Hydro-Québec began work assessing offshore wind transmission opportunities in Nova Scotia. We also reached an agreement with Ottawa to speed up approvals for major projects.
In April, the Powering the Economy Act officially became law.
And now, a Nova Scotia-led company, Inceptio Oil and Gas, has committed more than $210 million toward offshore exploration.
This did not happen by accident.
Research created confidence. Confidence created investment. Investment is creating momentum.
For too long, Nova Scotia said no while opportunity moved elsewhere. We cannot afford to sit on the sidelines anymore.
Our government is focused on developing our resources safely, growing our economy, creating good-paying jobs, and building a stronger, more self-sufficient Nova Scotia. It's time to build in this province again.