delete Joint Notice Extending the Prohibition Period for Certain Activities on Georges Bank
A 10-year moratorium (2023-2032) prohibiting all offshore petroleum exploration, drilling, production, processing, and transportation in a specific Nova Scotia offshore area, implemented under the Canada-Nova Scotia Accord Implementation Act.
This prohibition destroys wealth by preventing voluntary resource development, violates property rights, imposes massive unseen costs (lost jobs, tax revenue, energy production), and substitutes government decree for market-determined resource allocation. The environmental goals could be achieved more efficiently through liability frameworks and market incentives rather than blanket bans that harm prosperity and competitiveness.