Taking stock: What do you think of our province’s reliance on oil?

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In the fifth installment of The Telegram’s moratorium series, we look at the shift in our economic drivers post-moratorium.

That in-depth article, considering the rise of new industry alongside the collapse of cod, is available in The Telegram’s print and e-editions.

As part of this series, we’d like your thoughts on the aftermath of the moratorium and your photos of the cod fishery or your community.

You can leave a comment below, and send pictures to telegram@thetelegram.com.



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Recent comments

  • Check your facts, troll
    July 03, 2012 - 20:06

    The North East Avalon does not have over half the population of the province, not people anyway. The Avalon does have over half of the population, but that encompasses a lot more communities than the North East Avalon. Maybe "John" was talking about cats.

  • crista
    July 03, 2012 - 18:44

    the government???? look at what the government(s) have done for you now???? look at what you elected them to do for you???? now thank your self for what you done,you probably do not know what is going on now but when you do what are you going to do then when you can not pick up the phone to call and you can not get to see some one like before now go to the media????what are the media going to tell you go to government go see federal mp what they?going to tell you go to court????

  • Winston adams
    July 03, 2012 - 16:59

    Impose a carbon tax on oil production and raise more money for energy efficiency rebates for the consumer, and help the environment

  • Maurice E. Adams
    July 03, 2012 - 15:18

    Where does the revenue form Danny's multi-billion dollar Labrador mining companies fit in? It does not even register high enough to show up on the graph (even though their gross export value was $4.7 billion last year). ........If they were on par with the oil industry we would get about $1 billion in additional revenue. ....... Instead Nalcor wants us to build a $7-$10 billion power generation plant for them so they can make even more billions in profit while taking more from island electricity ratepayers (Nalcor's Muskrat Falls project shows $21 billion in cash flow coming from our children and grandchildren POST 2041 alone). See www.vision2041.com

  • DJG
    July 03, 2012 - 15:05

    The more people work the more the wages go up. The more people work the less complaining is done. The more people work the less control employers have. Find more oil. More Oil more jobs higher wages less EI. Need more people to work. Live around the bay. Live in town. Just work!!!! But expect to work for your money. The harder you work the more you earn the time you have to complain...

  • Life Insurance California
    July 03, 2012 - 11:48

    It’s hard to juggle work and happiness. Everyone wants to exceed at work, but they cannot lose sight of those other ideals. Great blog! It's not often that I comment but I felt you deserve it. Thanks for share. I’ll definitely comeback. Life Insurance California

  • Gerry
    July 03, 2012 - 10:32

    Newfoundland & Labrador did NOT mismange the fishing industry Maureen. The federal government did. Other countries did by taking all at first just outside the 12 mile limit & then the 20 mile minute - and the federal government that we the citizens elcected into parlimant. The trawlers that scrourged, gouged & raped the sea bottom did by turning the sea-floor into a virtual desert. The only mismangement we did was when we gave away our natural resources including the fishery to Ottawa as part of confederation. If anything, we are all to blame...we elect narssistic fools into government who haven't got 2 brain cells to rub together & can't see past inflating their pensions & perks...

    • Frank M
      July 03, 2012 - 13:21

      Your observations and correct... to a point. The conversion of the NL fleet to factory freezer trawlers was a NL decision as well. We overfished too. You have my complete agreement on your view of the elected officials. In Ottawa, the attitude was and remains about Newfoundlanders and their fish not counting for much. Yet, when it suited the national agenda, the first thing given away was quota to the europeans to foster trade.

  • John Smith
    July 03, 2012 - 09:06

    Funny how you rarely here this question in reguards to Alberta. Interesting to note that Alberta had to be bailed out by the rest of Canada during the 20s and 30s before the big oil boom. They were a province of farmers, most dirt poor and living from crop to crop, surviving on unemployment insurance and other government handouts. Now they are running the country...funny... I wonder if they are asked about their reliance upon oil?

    • Chantal
      July 03, 2012 - 11:43

      Don't ask. The stock replies would be that 1) "We got the Alberta attitude," 2) "The rest of Canada is jealous," 3)"it's down to hard-work and not relying on big government" (don't mention the 20's&30's -- there was no such time in Alberta), 4) "The oil will never run out, that's environmentalist, scientician talk," 5) "God gave us the oil just as Jesus gave us our guns!"6) "You're on my property, hippy!"

    • W McLean
      July 04, 2012 - 10:13

      That was a neat trick on the part of those Albertans, surviving in the 1920s and 1930s on an unemployment insurance program that didn't exist until 1949.

  • Marc
    July 03, 2012 - 08:12

    In looking at the pie chart created by the Telegram I am left to wonder why personal income tax amounts to a higher percentage than corporate income tax. This is ludicrous. How does government expect the average person in this province to spend any money to bolster local economies if they are taking it all away from hard working citizens? With less disposable income the average family in NL is probably better off on EI come income tax time.

  • J
    July 03, 2012 - 08:01

    I'd like to know how the $2.3 billion is being spent? What are the "Progressive" Conservatives spending the money on? The population is roughly the same, from what I can see the infrastructure is basically the same. My guess is public sector unions will destroy any hope of our children making a living in Newfoundland once the oil runs out and that $2.3 billion is lost from the revenue. Yet, the Government won't tackle the unions now because there is enough funds to go around. Leave it for my children to do. To bad, because they'll probably have to go to Alberta for work in 10 years. Unless you guys know were a few billion barrel oilfields are to. Even at 200 million barrels mizzen is a bust. I see we are paying over $350 million in Interest a year on the debt!!! They collected $170 million in gasoline tax but I seriously doubt $170 million has been put back into the roads. One of my friends came back from an Irish Loop drive this weekend and said the road looked like he was driving in Beirut. Spending $2.4 billion a year in healthcare and my 85 year old Grandmother just waited 3 days over the weekend at the Health Science with her broken hip to get operated on. Ain't social healthcare great!

  • Maureen Bradbury
    July 03, 2012 - 07:59

    The very sudden wealth the oil industry is generating is unearned wealth. We still have the highest unemployment rate of any province or territory in Canada. But because of this wealth and the promotion of it by politicians, we are becoming less caring about our fellow Newfoundlanders and Labradorians. The fish gave us work for 500 years until Canada and Newfoundland mismanaged it. The oil will only last for 40 years. Take a lesson from Jed Clampett, a simple hillbilly who never lost sight of who he was or how he treated others because of his sudden wealth.

    • John Smith
      July 03, 2012 - 12:06

      Actually the unemployment rate for the North east avalon, which has over half the population of the province is well below the national average. What drives up the rate are people who want to live in tiny coves, and live on ten of twelve weeks of work a year.

    • W McLean
      July 03, 2012 - 23:32

      "John Smith", the Northeast Avalon doesn't have over half the population of the province. In fact, the ENTIRE Avalon barely has half the population of the province (262,410, 51%) according to the latest census. The Northeast Avalon, or St. John's metropolitan area, had just under 197,000, or 38% of the provincial population. This concludes the latest episode in Newfoundland Myth-Busting.