As premier, Regan supported industrialization and the development of offshore gas and oil. His first government amended the province's labour code to prevent courts from issuing injunctions to prevent picketing in labour disputes, and the office of the provincial ombudsman was established. In its second term, the Regan government nationalized the Nova Scotia Light and Power electrical utility, and consolidated electricity supply under the Nova Scotia Power Corporation. A massive plan for the development of tidal power in the Bay of Fundy was also announced.