Stewart McKelvey

Vol 3 Issue 2 Summer 2013

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Agreement Areas" under the Labrador Innu Agreement-in-Principle ("EDA"). • The main impact of the EDA designation is to require any proponent undertaking a "Major Development" in such areas to enter into an IBA with the relevant aboriginal group. Otherwise, these EDA's or this EDA fall outside the LISA and LIL and so the other impacts of those latter designations will not apply. Without belabouring the many features of the final Labrador Inuit Land Claims Agreement and pending Labrador Innu agreement, it should be recognized that these agreements will have many potential impacts for those developing ventures or carrying on business in affected lands. Depending on where one is located, there may not only be enhanced aboriginal rights to consider, including those meriting consultation or IBA obligations, but also an additional or substituted regulatory process, including respecting such basic requirements as surface rights transfers or environmental assessments. There is no doubt that these additional layers of regulatory complexity may be challenging to navigate and that special care is required when operating in affected areas. On the other hand, the Big Land comes with significant opportunities, and so the incentives for taking on that challenge are substantial. labrador's business snapshot • The recently sanctioned $7.7 billion Muskrat Falls hydroelectric development is expected to generate many jobs, associated infrastructure and spin-off businesses • Brazilian mining giant Vale has committed to starting underground mining at the world-class Voisey's Bay mine in the near future • The recently announced discovery of basins off the coast of Labrador is a promising sign of potential offshore oil resources • There remains a vibrant mining and mineral exploration industry within the region Learn more at: www.stewartmckelvey.com/BigLand Colm St. Roch Seviour, partner st. John's, n.l. 709.570.8847 cseviour@stewartmckelvey.com Steve Scruton, associate st. John's, n.l. 709.570.8837 sscruton@stewartmckelvey.com Stewart Mckelvey proudly celebrates over twenty years of innovative leadership as atlantic Canada's first and largest regional law firm. With a distinguished heritage reaching back to Canada's confederation, our law firm has established an international reputation for generating results. More than 220 lawyers and over 300 staff in our six locations have a single objective: the best results for our clients. Charlottetown, p.E.i. 65 grafton St., p.o. Box 2140 Charlottetown, pE C1a 1k8 phone: 902.892.2485 Fax: 902.566.5283 charlottetown@stewartmckelvey.com Moncton, n.B. Suite 601, Blue Cross Centre, 644 Main St. p.o. Box 28051, Moncton, nB E1C 1E2 phone: 506.853.1970 Fax: 506.858.8454 moncton@stewartmckelvey.com Fredericton, n.B. Suite 600, Frederick Square, 77 Westmorland St. p.o. Box 730 Fredericton, nB E3B 6Z3 phone: 506.458.1970 Fax: 506.444.8974 fredericton@stewartmckelvey.com Saint john, n.B. Suite 1000, Brunswick house, p.o. Box 7289, postal Station a 44 Chipman hill, Saint john, nB E2l 2a9 phone: 506.632.1970 Fax: 506.652.1989 saint-john@stewartmckelvey.com halifax, n.S. Suite 900, purdy's Wharf tower one 1959 Upper Water St., p.o. Box 997, halifax, nS B3j 3n2 phone: 902.420.3200 Fax: 902.420.1417 halifax@stewartmckelvey.com St. john's, n.l. Suite 1100, Cabot place, 100 new gower St. p.o. Box 5038, St. john's, nl a1C 6k3 phone: 709.722.4270 Fax: 709.722.4565 st-johns@stewartmckelvey.com

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