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Reuters. (2026, November 11). Canada has not made a decision about lifting Arctic drilling ban, says Mark Carney. The Hindu. https://www.thehindu.com/news/international/canada-has-not-made-a-decision-about-lifting-arctic-drilling-ban-says-mark-carney/article71688125.ece
Reuters. “Canada has not made a decision about lifting Arctic drilling ban, says Mark Carney.” The Hindu, 11 Nov. 2026, https://www.thehindu.com/news/international/canada-has-not-made-a-decision-about-lifting-arctic-drilling-ban-says-mark-carney/article71688125.ece.
Reuters. “Canada has not made a decision about lifting Arctic drilling ban, says Mark Carney.” The Hindu, November 11, 2026. https://www.thehindu.com/news/international/canada-has-not-made-a-decision-about-lifting-arctic-drilling-ban-says-mark-carney/article71688125.ece.
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Prime Minister Mark Carney confirmed that the Canadian government is consulting with northern communities and Indigenous groups regarding the future of Canada's moratorium on offshore oil and gas drilling in the Arctic. This consultation, which includes discussions with territorial governments and the Inuvialuit people whose land claim covers much of the Beaufort Sea, was revealed through the federal budget document for 2026, which allocated $11 million over four years to support governance and oversight of offshore oil and gas activities. Carney stressed that these consultations do not signify a decision to lift the ban but rather represent "respective engagement" with Indigenous self-government.
Northern leaders have expressed interest in potentially lifting the drilling moratorium as a means to increase economic independence, while environmental advocates like former Environment Minister Steven Guilbeault warn against the risks of Arctic drilling. The Canadian policy on offshore oil and gas exploration, set to expire in 2028, is reviewed every five years, with this review period currently underway under Carney's government.
Mr. Carney has been seeking to grow Canada’s energy sector in order to boost the country’s economy in the face of U.S. tariffs.
The Toronto Star reported on Monday (November 9, 2026) that Mr. Carney’s government is considering lifting the ban on oil and gas activities in the Arctic, quoting a Department of Finance official.
Canada’s Arctic region possesses significant undeveloped oil and gas reserves, and some Northern leaders have been calling for the area to be opened up to drilling.