HALIFAX, N.S. – The Canadian and Nova Scotian governments agreed Thursday to extend a moratorium on oil and gas exploration on Georges Bank, one of the most productive and ecologically sensitive fishing grounds off the East Coast.
The drilling ban, in place since 1988, was set to expire in 2012. But Premier Darrell Dexter said it would be extended for another three years to Dec. 31, 2015, to allow for more study.
"This is a balancing act between the environment and the economy," Dexter told a news conference. "I have heard the public's concerns and I am confident that extending the moratorium will put people's minds at ease."
Read the Winnipeg Free Press story in full