A technical briefing will take place for the media this afternoon
The feds will introduce an amendment to the Atlantic Accord today, an agreement that once caused a lot of turmoil over oil and led us to being a “have” province instead of “have not.” The accord was signed in 1985 to give Newfoundland Labrador more profit from offshore oil. However, in 2003, a report revealed this province was only getting 15 to 20 percent of the oil revenue, even though the initial accord stated it would be 100 percent. So, in 2005, then Premier Danny Williams got a $2 billion dollar cheque from Ottawa after he called to have all Canadian flags removed from provincial government buildings. In 2019, then Premier Dwight Ball renegotiated terms of the accord to $2.5 billion, to be paid out in installments until 2056, with 60 percent of that money coming to the province before 2030. This afternoon, officials from Natural Resources Canada will hold a technical briefing for members of the media. After that, Minister Wilkinson, along with Seamus O’Regan, Federal Minister of Labour; and other officials will speak to the media.
Corner Brook approves contract worth nearly $50K for specialized staff training
Canadian Red Cross is in Corner Brook looking for volunteers
Holly Burke wins Rotary Club of Corner Brook scholarship
Deer Lake Power set to open the gates at Main Dam today to release water from Grand Lake
Federal government pumps $80M into improvements at Marine Atlantic terminal in North Sydney
