The province’s democratic tradition has fault lines and is once again under threat
While most eyes in Newfoundland and Labrador will be focused on provincial politics, news from Ottawa this Fall will likely come fast and furious. After years of hoping and planning, the Conservatives are expected to act now on many of their initiatives that were derailed due to the politics of minority government. However, with a majority, hot topics the Fall are expected to include: the redistribution of seats in the House adding 30 more ridings; the passing of new crime and punishment measures; the elimination or diminishing of the Wheat Board and Long Gun Registry; the issues surrounding Canada’s need to reduce its deficit; and the future of the Senate. Many of these issues will be directly relevant to Federal/Provincial relations, so keep an eye out for how the House of Commons’ agenda will affect the races here back home.
What is being called a “major” announcement will be made this morning involving all the major players in the Muskrat Falls hydro development – Federal ministers, provincial ministers from Nova Scotia, and representatives from both Nalcor and Emera. The announcement is being billed as a “clean energy for Atlantic Canada” initiative, and is taking place at 9:00 this morning at Atlantic Place. The historic announcement means a much cheaper development for all involved parties; a loan guarantee on the proposed $6.2 billion project essentially lets the provincial government borrow money using the Federal government’s credit rating to reduce the interest paid on said loans. The loan guarantee would provide significant savings throughout the course of the project’s development. Stay tuned to TheIndependent.ca for pictures of the new conference. Source: VOCM