The Atlantic Accord is an agreement signed in 1985 between the

Government of Canada The government of Canada (french: gouvernement du Canada) is the body responsible for the federal administration of Canada. A constitutional monarchy, the Crown is the corporation sole, assuming distinct roles: the executive, as the ''Crown ...

and the

Government of Newfoundland and Labrador The Government of Newfoundland and Labrador refers to the provincial government of the province of Newfoundland and Labrador. It was established by the Newfoundland Act and its powers and structure are set out in the Constitution Act, 1867. Lie ...

to manage

offshore oil and gas Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the te ...

resources adjacent to

Newfoundland and Labrador Newfoundland and Labrador (; french: Terre-Neuve-et-Labrador; frequently abbreviated as NL) is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region ...

. The name was also used to describe a 2005 cash transfer agreement between the Government of Canada and the governments of

Nova Scotia Nova Scotia ( ; ; ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. Nova Scotia is Latin for "New Scotland". Most of the population are native Eng ...

and Newfoundland and Labrador.

References

Energy treaties Treaties of Canada Petroleum industry in Canada Treaties concluded in 2005 Politics of Newfoundland and Labrador Politics of Nova Scotia {{Canada-poli-stub