Revisiting Georges Bank moratorium goes against ‘good political management,’ says fishery rep
Premier Tim Houston’s recent comments about potentially revisiting the petroleum development moratorium for Georges Bank have sparked intense opposition from the fishing industry, which has long fought to protect the valuable fishing grounds from oil rigs.
During a press conference, Houston discussed the importance of pursuing natural resource development in Nova Scotia and did not rule out the idea of reconsidering the moratorium on Georges Bank, which his government recently extended until 2032.
Kris Vascotto, executive director of the Nova Scotia Seafood Alliance, expressed concern over Houston’s statements, calling it a “walk-back” with little clarity on what it means for the industry. Vascotto highlighted Georges Bank as a crucial fishing area off the Nova Scotia coast, known for its abundant halibut, haddock, and scallop fisheries.
A study conducted in 2020 revealed that $145 million worth of fish was harvested from Georges Bank, with southwest Nova Scotia benefiting the most. Vascotto emphasized that the decision to extend the moratorium was based on a thorough review of the area’s socioeconomic importance, resource potential, and environmental sensitivity.
The president of Acadian Fish Processors, Richard d’Entremont, voiced apprehension about the potential reversal of the oil and gas ban, expressing concerns about losing fishing territory if oil rigs were permitted in the area. He described Georges Bank as a vital resource for the local fishing community.
Despite reassurances from the Energy Department that the moratorium on Georges Bank would not be reconsidered, Energy Minister Trevor Boudreau emphasized the need to balance traditional sectors with new opportunities. Boudreau urged Nova Scotians not to succumb to fear-mongering and emphasized the economic significance of Georges Bank.
While Premier Houston indicated a willingness to review existing bans and regulations, he stressed the importance of ensuring safety and conducting discussions with communities before making any changes. Any decision to lift the moratorium on Georges Bank would require collaboration with the federal government, as jurisdiction over the area is shared between the province and federal authorities.
Overall, the debate surrounding the potential revisiting of the petroleum development moratorium on Georges Bank underscores the complex interplay between economic development, environmental conservation, and the interests of various stakeholders in Nova Scotia.
