Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
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Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
Deal sops up red ink from N.L. treasury
The final deal on the Hibernia South extension announced Tuesday will erase $158 million from this year's provincial deficit.
That's because it resolved a 13-year-old dispute over how oil companies deduct transportation costs for the purposes of calculating royalty payments.
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Comments
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- shem
- - July 2, 2010 at 15:03:58
Money from oil and gas should be reinvested into other sectors of the economy as well as a diverse portfolio of investments outside of our province. Oil and gas revenue is a one time cash influx, we are liquidating assets here, not generating sustainable income for provincial coffers. Paying off debt is just going to leave us broke and borrowing again once the oil money is gone. There needs to be a resource fund, simular to Alasks's permanent fund within our province that wil generate revenue from its savings (through interest and sound, diverse investments)...then use that money to pay off debt while never depreciating the principle, otherwise were just running in a circle. oil and gas will eventually run out and what will we have left for ourselves, and our childern....good job danny this, good job danny that....people need to wake up and question where and what oil revenues are being spent on, this is the only shot we have as a province to work towards lasting prosperiety. Just because danny's there and fighting for us, doesnt mean we can sit back and not fight for ourselves..BE AWARE, TAKE ACTION, GET INVOLVED AND CONSTANTLY QUESTION BOTH GOVERNMENT AND INDUSTRY.
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- Bert
- - July 2, 2010 at 15:01:53
Good news story after good news story!!! The Danny bashers are running out of ammunition to throw at the supporters. Their ammunition was wet anyhow. Calling supporters names was all they could find wrong with Danny. I wonder will this cause Russell or Pam to write an editiorial complimenting the Williams govt.
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- Pam
- - July 2, 2010 at 14:44:10
Bert, don't change that dial.
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- Saucy Face
- - July 2, 2010 at 14:41:30
Well that Danny Williams is one dirty so and so! Imagine, going against all those previous government's long standing policies of living with deficits and driving up our debt. The nerve of him for looking after our money in such a responsible fashion!
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- shem
- - July 1, 2010 at 21:52:56
Money from oil and gas should be reinvested into other sectors of the economy as well as a diverse portfolio of investments outside of our province. Oil and gas revenue is a one time cash influx, we are liquidating assets here, not generating sustainable income for provincial coffers. Paying off debt is just going to leave us broke and borrowing again once the oil money is gone. There needs to be a resource fund, simular to Alasks's permanent fund within our province that wil generate revenue from its savings (through interest and sound, diverse investments)...then use that money to pay off debt while never depreciating the principle, otherwise were just running in a circle. oil and gas will eventually run out and what will we have left for ourselves, and our childern....good job danny this, good job danny that....people need to wake up and question where and what oil revenues are being spent on, this is the only shot we have as a province to work towards lasting prosperiety. Just because danny's there and fighting for us, doesnt mean we can sit back and not fight for ourselves..BE AWARE, TAKE ACTION, GET INVOLVED AND CONSTANTLY QUESTION BOTH GOVERNMENT AND INDUSTRY.
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- Bert
- - July 1, 2010 at 21:50:32
Good news story after good news story!!! The Danny bashers are running out of ammunition to throw at the supporters. Their ammunition was wet anyhow. Calling supporters names was all they could find wrong with Danny. I wonder will this cause Russell or Pam to write an editiorial complimenting the Williams govt.
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- Pam
- - July 1, 2010 at 21:22:54
Bert, don't change that dial.
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- Saucy Face
- - July 1, 2010 at 21:18:03
Well that Danny Williams is one dirty so and so! Imagine, going against all those previous government's long standing policies of living with deficits and driving up our debt. The nerve of him for looking after our money in such a responsible fashion!
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