Atlantic Energy Strategy

Why it is listed

Federal funding. Federal funding stated: funding

Natural Resources Canada announced $25 million in funding to support Mersey River WindSource, read Oct. 3, 2026

Status

The Major Projects Office (MPO) will work with other government departments, provincial and Indigenous governments, Indigenous Peoples and the private sector, to advance the Atlantic Energy Strategy.Source, read Oct. 3, 2026

Roadmap

1. Four offshore wind areas designatedDone

   July 2025

   in July 2025 the Government of Canada and Province of Nova Scotia jointly designated four areas for potential offshore wind development.Source, read Oct. 3, 2026

2. Referred to Major Projects OfficeDone

   About 2 months after the previous step.

   Sept. 11, 2025

   On September 11, 2025, this transformative strategy was referred to the MPO.Source, read Oct. 3, 2026

3. Offshore regulator directed to run prequalification and Call for InformationDone

   9 days after the previous step.

   Sept. 20, 2025

   On September 20, 2025, the Government of Canada and Province of Nova Scotia issued joint direction to the Canada–Nova Scotia Offshore Energy Regulator to implement a prequalification process and a Call for InformationSource, read Oct. 3, 2026

4. CIB equity loans for Wasoqonatl intertieDone

   About 3 months after the previous step.

   Jan. 2026

   In January 2026, the Canada Infrastructure Bank announced a combined $54 million in equity loans to support First Nations ownership in Wasoqonatl intertieSource, read Oct. 3, 2026

5. Federal funding for Mersey River Wind and Wind West pre-feasibilityDone

   About 1 month after the previous step.

   Feb. 2026

   In February 2026, Natural Resources Canada announced $25 million in funding to support Mersey River WindSource, read Oct. 3, 2026

6. First offshore wind Call for BidsNot yet reached

   Time from the previous step is not stated.

   Date not stated. Not estimated: fewer than five projects date both this step and the previous one.

   The Call for Bids is expected in the latter half of 2026.Source, read Oct. 3, 2026

Funding

• $25 million Funding
• $5 million Funding
• $206 million Loan
• $54 million Loan

No over-budget estimate. These are the commitments the official pages state. None is an original budget set beside a later cost for the same work.

FundingNatural Resources Canada announced $25 million in funding to support Mersey River WindSource, read Oct. 3, 2026

Fundingnearly $5 million to Net Zero Atlantic for a pre-feasibility project to inform transmission options for the proposed Wind West projectSource, read Oct. 3, 2026

LoanThe Mersey River Wind project is also being made possible by a $206 million loan from the Canada Infrastructure Bank.Source, read Oct. 3, 2026

Loanthe Canada Infrastructure Bank announced a combined $54 million in equity loans to support First Nations ownership in Wasoqonatl intertieSource, read Oct. 3, 2026

Laws named in the sources

No law is named on the official pages read for this project.

Bills

No bill in the database names this project, or an act it is listed or considered under.

Sources

• Major Projects Office page for this project
• Bringing jobs and more clean power to Nova Scotia | Canada Infrastructure Bank (CIB)Read Oct. 3, 2026
• CIB supporting First Nations in bringing clean power to New Brunswick and Nova Scotia | Canada Infrastructure Bank (CIB)Read Oct. 3, 2026
• Prime Minister Carney announces first projects to be reviewed by the new Major Projects Office | Prime Minister of CanadaRead Oct. 3, 2026
• Major Projects OfficeThe office list this project is drawn from.