Benefits from offshore petroleum projects include taxation, royalty revenues, employment and business opportunities.
Consistent with the objectives of the Atlantic Accord, Husky provides Canadian, and Newfoundland and Labrador companies with the opportunity to participate in its projects, on a commercially competitive basis. Husky encourages the participation of designated groups (women, Aboriginal peoples, persons with disabilities and members of visible minorities), and corporations or cooperatives owned by them, to supply goods and services. Pre-qualified companies will be required to complete a Canada/Newfoundland and Labrador Benefits Questionnaire at the bid stage.
Provincial residents are given first consideration for training and employment opportunities. Canada-Newfoundland and Labrador benefits, as outlined in Husky's White Rose Benefits Plan and subsequent amendments, is an integral part of its operations in the Atlantic Region.