An announcement regarding innovation is set for Monday that officials say will transform the province of Newfoundland and Labrador.

Federal and provincial ministers will be joined by executives with TechNL and Energy NL, Canada’s Ocean Supercluster, and Energy Research and Innovation Newfoundland and Labrador for the event in St. John’s.

It’s set for 1:30 p.m. at the former Rona building on Torbay Road.

Premier Andrew Furey, Energy Minister Andrew Parsons, federal minister Seamus O’Regan and organization CEOs will be in attendance, though they’re not revealing the nature of the announcement just yet.

The event will be live-streamed on the Government of Newfoundland and Labrador’s Facebook account and on YouTube.