A major forum on the province’s desperate financial situation is set for September in St. John’s.
The event will look at the economic trajectory in terms of how Newfoundland and Labrador ended up in such dire straits, and where the province should go from here.
The province is heavily in debt and has committed to keeping electricity rates as low as possible after Muskrat Falls comes on line. That is no small order.
MUN economist Wade Locke is one of the organizers of the forum which will include a who’s-who lineup from former Premier Danny Williams to current Finance Minister Siobhan Coady, as well as experts on federalism.
Newfoundland and Labrador is discussing rate mitigation with the federal government.
Locke says one of the realities we have to face is that the contribution of the oil and gas industry to the province is going to fall over time.
The event – which is a hybrid in-person and virtual, takes place on September 15th. Registration is free.
The conference is free to attend. Registration is required. Email economics@mun.ca indicating whether you wish to attend virtually or in person. All sessions will be recorded & made available on our website https://t.co/y6ExGswez8 #nlpoli @ECON_MUN https://t.co/r5dJaVps97
— CARE (@CARE_mun) July 19, 2021