Atlantic Accord

The Atlantic Accord is an agreement signed in 1985 between the Government of Canada and the Government of Newfoundland and Labrador to manage offshore oil and gas resources adjacent to Newfoundland and Labrador.

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

Famous quotes containing the words atlantic and/or accord:

    The shallowest still water is unfathomable. Wherever the trees and skies are reflected, there is more than Atlantic depth, and no danger of fancy running aground.
    Henry David Thoreau (1817–1862)

    It is a misfortune that necessity has induced men to accord greater license to this formidable engine, in order to obtain liberty, than can be borne with less important objects in view; for the press, like fire, is an excellent servant, but a terrible master.
    James Fenimore Cooper (1789–1851)