The Canadian Taxpayers Federation is reiterating its call to have revenue from the new Churchill Falls agreement directed to paying down the debt, and the federation is taking it a step further by asking that government to put the commitment into law.
CTF Atlantic Director Devin Drover says government spending grew 80 percent over the past 20 years or so – from $4.97 billion in 2004-2005 to $8.97 billion in 2020-2021.
He says Premier Tony Wakeham needs to make debt repayment a priority once the money starts to flow.
“Every dollar of Churchill Falls revenue should be going to paying down our debt, until that debt is gone. And to go one step further, make it the law when the House opens back up in the spring,” Drover said.
















