Chernoff has a degree in geological engineering from Queen's University at Kingston.[5] He was born in Kamsack, Saskatchewan. He is married to Dorine.[6] After graduating from Queens, Chernoff worked as a geologist, conducting field studies across Canada for several oil and gas companies including California Standard, Pinnacle Petroleum, and Ulster Petroleum. He founded Strom Resources in 1979, and sold it to PennWest. He founded Paclata Resources in 1987 with his son Bruce, developing oil and gas operations in a number of different countries. It was sold to Alberta Energy Company in 1999.