Saturday, April 14, 2007


Conservatives Failed Promise on the Atlantic Accord


Toe the party line.

National parties must do what's in the best interest of the majority of canadians by default that means Ontario and Quebec even if the province which owns the resource suffers.

Broken Trust

Federal Government Misled Province on Impact of New Equalization Program

The Honourable Tom Marshall, Minister of Finance and President of Treasury Board, today confirmed that the federal government has misled the Provincial Government and the people of Newfoundland and Labrador regarding the true implications of the new equalization program as outlined in its 2007 Budget. According to figures released by Memorial University economist Dr. Wade Locke, the net impact of these changes is that the new equalization program will provide the province with $1 billion less than the existing equalization program over a 13-year period. It is also $11 billion short of what the Prime Minister promised the province in writing over that same 13-year time frame.
“Despite assurances from the Federal Minister of Finance that the accords would be protected, fundamental amendments to the legislation implementing the 2005 Atlantic Accord agreement have been proposed without any consultation with the Government of Newfoundland and Labrador. These amendments can be found in the ‘consequential amendments’ sections of the 2007 Federal Budget Implementation Act. Consequential amendments are normally reserved for housekeeping items to fix technical issues. It is not a place to shroud fundamental changes of this magnitude,” continued Minister Marshall.

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