Canada set to approve Bay du Nord deepwater oil project: source
Global News
The Bay du Nord project will be formally announced after 4 p.m. E.T. Wednesday, a source with direct knowledge has confirmed to Global News.
The federal government is set to approve a deepwater oil project off the coast of Atlantic Canada proposed by a Norwegian company, Global News has confirmed.
The Bay du Nord project will be formally announced after 4 p.m. ET Wednesday, a source with direct knowledge told Global News.
News of the expected announcement was first reported by CTV News.
The Bay du Nord project consists of several oil discoveries in the Flemish pass basin, some 500 kilometres northeast of St. John’s in Newfoundland and Labrador, according to Norway’s Equinor, which operates the project.
The company says Bay du Nord will be worth about $3.5 billion to the Newfoundland and Labrador government, with oil production beginning in the latter part of the decade.
Bay du Nord would be Canada’s first deepwater project to produce oil, with wells in about 1,200 metres of water pumping around 188,000 barrels of oil a day.
— with files from Mercedes Stephenson and The Canadian Press
Randy Boissonnault is out of Prime Minister Justin Trudeau’s federal cabinet after months of controversy surrounding his former business.
A volunteer group has donated $60,000 to KHSC’s KidsInclusive as it winds down after 119 years, ensuring support for children’s care over the next five years.
Queen’s University will install North America’s first carbon-sequestering field turf at Nixon Field, enhancing sustainability while supporting sports and research.
Gerry Lichty, North Frontenac mayor, was elected 2025 Frontenac County warden. He aims to tackle rural challenges, with Bill Saunders as deputy warden.
Quebec Premier François Legault says the Sûreté du Québec, the province's police force, will 'conduct visual investigations at the borders.'
When people pass by the white-pillared Beaverbrook Art Gallery starting this weekend, they will be greeted by one of Fredericton's most famous sculptures.
The Toronto Santa Clause Parade faces financial challenges but, with public and government support, they are working hard to secure its future and keep the magic alive.
Governance in Yukon's second-largest municipality has been at a standstill since its newly elected mayor and council refused to pledge allegiance to King Charles.
The Ontario Provincial Police say they are searching for multiple suspects after a vehicle was struck from behind on Highway 410 and the man inside was robbed.
A new poll by Leger suggests Canadians are supportive of government intervention in the labour disputes at ports and at Canada Post.
The science centre was closed just hours after an announcement on Friday, June 21. The rush, the government, was due to the urgent safety issues plaguing the building.