Provincial Government
The Department of Industry, Energy and Technology (IET) is the lead for innovation, economic development and diversification in Newfoundland and Labrador. The department focuses on creating a competitive environment to support private sector investment and business growth; and supporting industries in Newfoundland and Labrador such as mining, energy and technology, including onshore and offshore oil & gas, petroleum royalties and industrial benefits. Working closely with key stakeholders, the department also develops and monitors supporting regulatory and benefits activities.