The Telegram’s excellent reporting on 2012 and 2013 provincial budgets enabled me to follow the spending patterns in those budgets, with the recent budget being financially devastating for programs, job losses and the justice system.
In the past two budgets, I am disturbed by the bizarre relationship between Nalcor and the provincial government, and while my concerns are just a theory, I believe it warrants further investigation.
In the 2012 budget, Nalcor received around $245 million, and in the last budget Nalcor got around $531 million while Newfoundland and Labrador citizens lose careers and vital service to cuts.
Has Nalcor taken layoffs, wage reductions, lost bonuses (if any), or is the CEO being asked to work for a little less?
Why is Nalcor getting this funding while the provincial government is short cash?
Why is Nalcor important enough to become a financial sinkhole for the province?
I think that Bill 29 was passed to conceal why Nalcor is getting millions from a cash-strapped government, and we deserve answers.
As a concerned citizen, I want to know why this province has become the financial sacrificial lamb for Nalcor.