News Release
Office of the Official Opposition

   

 

Opposition  pleased with province's growth:

attributable to Liberal launched projects
July 28, 2006

Opposition Finance Critic and MHA for the District of Grand Falls-Buchans, Anna Thistle, says she is encouraged by predictions that this province will lead the country in growth this year, but she points out that the growth is being attributed to the Voisey’s Bay and White Rose developments, two projects initiated during the Liberal government years.

The Liberal MHA was responding to a report released yetserday by Scotiabank which predicts the provincial economy will grow by 6 percent this year, attributable to continued growth in the oil industry and nickel mining.

"It is interesting as well that, three years into the mandate of the Conservative government, there is really nothing significant they can take credit for starting," states Thistle. "In fact, I find it somewhat ironic to now hear Conservative MHAs bragging about this province being an economic leader, when the two projects credited with generating this growth were ones they were critical of while serving in opposition,"

Meanwhile, Thistle remains concerned about Scotiabank’s observation that this economic growth could be curtailed in future years since there are no new projects moving forward. "People in the oil industry have been very worried about this projected inactivity and the consequences for the viability of their industry. As an opposition, we have also been raising this as a concern on behalf of the industry and the province.

"The time has come for the premier to show some leadership on restarting Hebron-Ben Nevis talks. It is apparent that the energy sector is hot at this point and there are huge benefits to be gained for both government and the companies in seeing this project come on stream to help boost the economy, as the two Liberal-generated projects of Voisey’s Bay and White Rose are now doing. If the premier can’t get a fair deal for the province under these current strong circumstances, the questions of doubt would have to be directed towards his ability to close a deal."

Media Contact:
Kim Ploughman
Caucus Communications
Office of the Official Opposition
709-729-6427