The Conference Board of Canada says the recent budget has tipped the provincial economy into a recession next year.Finance minister Cathy Bennett says that’s bollocks.Let’s see which is right.Before we go any further, understand that what we are talkin… . . . → Read More: The Sir Robert Bond Papers: The Budget and the Economy #nlpoli
Not so very long ago, provincial Conservatives were crowing about how they would be running all sorts of mining projects in Labrador using electricity from Muskrat Falls.
These days, the word from Labrador isn’t all that good. One mine is closed and, on Tuesday, things looked bad both for the major mine operating in western . . . → Read More: The Sir Robert Bond Papers: Sucks to be us #nlpoli
We’ve got a provincial government in Newfoundland and Labrador that has been budgeting for years to spend more than it brought in.
Way back in the beginning, way before the oil money cut in suddenly and largely unexpectedly, Loyola Sullivan said that people should expect the Conservatives to run deficits annually of half a billion . . . → Read More: The Sir Robert Bond Papers: When the budget comes… #nlpoli
The Conference Board of Canada released a report last week that assessed economic performance in each of the provinces in Canada.
“The resource-driven economies of Alberta, Saskatchewan and Newfoundland and Labrador can boast A+ grades for their economic performance,” read the first sentence of the news release accompanying the report, titled How Canada Performs: Economy. . . . → Read More: The Sir Robert Bond Papers: Always read the large print #nlpoli
Premier Kathy Dunderdale wants to have a “conversation” about the provincial government’s financial mess and the ways we might fix it. That’s what she told CBC’s David Cochrane in her year-end interview.
One of the things Kathy wants to talk about is taxes, specifically the number of people not paying the bulk of the . . . → Read More: The Sir Robert Bond Papers: Putting selective “facts” on the splitting table #nlpoli
Gabriella Sabau is an economics professor at Memorial University’s Grenfell campus out in Corner Brook.
Sabau thinks Muskrat Falls is wonderful idea for three reasons.
For one thing, it’s green. For another thing, the electricity rates for consumers are supposedly low.
And for a third thing, "there will eventually be affordable power that . . . → Read More: The Sir Robert Bond Papers: Paying Attention to Details #nlpoli