News Release
Office of the Official Opposition

 

 

Grimes pleased revenue deal reached

Balanced approach required to ensure social needs are addressed

January 31, 2005

Opposition Leader Roger Grimes says he is pleased that an agreement on offshore revenues has been reached and it appears that Prime Minister Paul Martin has honoured his commitment of returning 100 per cent of our offshore revenues to the province .

"By having this new money, along with the new federal-provincial health accord and the enhanced equalization program, the province should not have to worry about facing a cash deficit over the next 8 years," said Mr. Grimes. "The provincial government should now balance deficit reduction with the social needs of all Newfoundlanders and Labradorians. This is not a time for rigid right- wing ideology. Premier Williams must invest in people, education, health care, our civil service, our culture, our way of life, as well as carefully manage the fiscal circumstance which is significantly improved.

"Government needs to begin addressing many of the issues that have been neglected over the past several months. At no time in recent history has the federal government re-allocated so much money for this province. We need to know what this means for the province, for our expenditures in the future and the upcoming spring budget. Never before have we been in a position of so much prosperity on one hand and such a dire forecast for our rural way of life on the other.

"The people of the province were the ones who suffered the most under the cuts and fee increases introduced by this government in the last budget. I am hopeful that some of the negative decisions that were made by the Williams administration last spring will be reversed, and the upcoming budget will be much more friendly to the people of Newfoundland and Labrador.

"While deficit reduction is important, it should not be the only spending priority of this government. There are many areas that require investment, and it is necessary to balance these needs to ensure that the proper and appropriate level of attention is paid to each issue."
 

Media Contact:
Darrell Mercer
Director of Communications
Office of the Official Opposition
709-729-6151 or 709-687-0477