The announcement could prove to be a major win for Arctic conservation, ending long-standing delays in efforts to protect Lancaster Sound, home to narwhals, beluga whales and polar bears.
In the middle of a hot spot for marine mammals, why does Environment Minister Catherine McKenna want to climb up a cliff to an "office" 300m above the Arctic seas?
"Recognizing the uncertain market conditions, particularly in the upstream, our focus remains on what we can control," Imperial chairman and chief executive Rich Kruger said in a statement.
"No company will continue to be successful if their integrity and their reputation is questioned," said the U.S. Secretary of the Interior Sally Jewell.
The documents, a collection of archived internal corporate reports donated to the Calgary museum, contradict what the company, Imperial Oil, had been telling the public for years about climate change.
With up to $500 million at stake, a controversial review of Arctic oil exploration initiated by Conservatives and big oil companies will proceed, the Liberal government has announced.