The provincial government is bullish about Newfoundland and Labrador’s resource-based development potential, and presented that optimism to investors in Ontario and Quebec last week.

Finance Minister Craig Pardy says while nothing is a given, he’s optimistic about the province’s economic future.

“We were up with the investors in Toronto and Montreal…and when you present a real GDP of 5.5 per cent for Newfoundland and Labrador,” the second-nearest province being PEI at two per cent, “you know what potential the province has. While it’s not a given, there’s a lot of balls still up in the air; we’re optimistic that our fortunes are going to improve.”