The Opposition had quick, harsh words Tuesday for a new $5-million review of government’s assets.
The province has hired global financial advisor Rothschild and Company to advise the province on what to keep, rejig or sell off.
The focus has been on the NLC, Marble Mountain ski resort, and oil and gas holdings. But interim NDP Leader Jim Dinn says it should be on the people.
Dinn says the $5-million could have been put to better use, noting the staggering number of people in his district who are either hungry, homeless or in financial dire straits.
PC finance critic Tony Wakeham says the government has to be more forthcoming with information.
Wakeham questions what analysis was done by the Economic Recovery Team as the final report recommend selling off such assets. He says Newfoundlanders and Labradorians have not yet seen the data behind Moya Green’s recommendations.
He says selling off assets to clear debt may seem like a noble gesture now, but he wonders about the repercussions 10 or 15 years from now.
The report by Rothschild and Company is due in March.























