Tag Archives: Moratorium

Moratorium on oil and gas activities on Canadian portion of Georges Bank in affect

759548_935404-CanadaOffshoreDriiii1The sustainability and health of one of North America’s most valuable marine ecosystems will be better protected thanks to ongoing collaboration between the governments of Canada and Nova Scotia. The Honourable Jim Carr, Canada’s Minister of Natural Resources, and his provincial counterpart, the Honourable Michel Samson, Minister of Energy for Nova Scotia, have enacted a statutory moratorium on oil and gas activities in the of Georges Bank. The moratorium took effect April 15. Georges Bank, a large submarine bank at the edge of the Atlantic continental shelf between Cape Cod and Nova Scotia, provides habitat for a wide range of marine fish, mammals and corals. As one of the world’s most productive fishing grounds, Georges Bank also supports important commercial fisheries. Read the rest here 15:53