Canada's recent legislative developments have brightened the prospects for harnessing the country's vast Atlantic offshore wind resource. The signing of federal Bill C-49 into law has paved the way for the development of offshore renewable energy plants in Canadian waters, particularly in Nova Scotia and Newfoundland and Labrador. This move broadens the mandates of the provinces’ existing offshore petroleum boards to regulate offshore energy, encouraging future wind development. Nova Scotia leads with plans for a significant five-gigawatts auction in 2025, aiming to tap into a projected $7-billion offshore wind market by 2030, creating thousands of jobs and boosting the regional economy. The legislation not only attracts investments but also positions Canada as a key player in supplying clean energy, including for the green hydrogen market. Experts and officials see the legislation as a means to capitalize on the economic and job creation opportunities presented by offshore clean energy. While progress is evident, there is acknowledgment that there is still a long road ahead before the sector is fully commercialized. Despite historical challenges, the growing global demand for green hydrogen has renewed interest in offshore wind as a stable power source for electrolyzers. The legislation's passage and forthcoming actions are expected to accelerate offshore wind development in Nova Scotia and Newfoundland and Labrador, with both provinces set to benefit economically and technologically from the sector's growth. The global trend towards investing in offshore wind is highlighted, with China leading the market followed by the UK and the US. The next decade is projected to witness a substantial increase in offshore wind capacity, further advancing the renewable energy sector's growth.