The Liberals released their long-awaited election platform yesterday, albeit just nine days before voters go to the polls.
Premier Andrew Furey says the document, entitled Rising to the Challenge, addresses economic and social growth without further jeopardizing the province’s fragile fiscal footing.
Furey says the money for most of the initiatives will come from the existing budget and reinvested savings, while other ideas are considered revenue neutral.
He says the costing includes a strategy toward restructuring and consolidating debt with an eye to lowering borrowing rates and finding other efficiencies within the system.
Many people have been questioning why party leaders haven’t been directly addressing the province’s debt. This is the Liberals platform on the issue.Other promises will require about $55-million of new money, with $50-million of that earmarked for a new COVID-19 stimulus fund to further help industry and workers through the pandemic.
The plan also includes a proposed exercise tax credit to promote healthier living, as well as an NL-first jobs policy.