NDP Leader Lorraine Michael told a St. John's business audience to use booming oil revenues to make spending choices that favour fairness and small communities.
Michael told members of the St. John's Board of Trade Wednesday that Newfoundland and Labrador needs an economy that emphasizes small-scale development and environmentally sound policies.
NDP Leader Lorraine Michael said greater care must be made on how to spend oil-based revenues.
(CBC)
"The time is here for us to develop a socio-economic model that is fair to all," Michael said. "I don't think we have it."
Michael said given the province's current economic boom, finding money is not the issue it once was. Instead, she said, the priority ought to be making the proper choices.
"Obtaining the money looks relatively easy. Keep pouring out the oil, boys, and the money is gonna come," she said.
"However, deciding how to use it so it will benefit all the people in the province is a little more difficult."
Michael became the first of the leaders of the three main political parties to address the St. John's Board of Trade — a key business group in Newfoundland and Labrador — leading up to the Oct. 9 election.
Michael called on the audience to focus on environmental sustainability and small-scale community-based development. She said the NDP wants to invest more heavily in green energy and agricultural projects to create long-term jobs in rural towns.
| Party | Elected | Leading | Total | Vote Share |
|---|---|---|---|---|
| PC | 43 | 0 | 43 | 69.56% |
| LIB | 3 | 0 | 3 | 21.98% |
| NDP | 1 | 0 | 1 | 8.21% |
| OTH | 0 | 0 | 0 | .25% |
| Last Update:October 9, 10:58:12 PM NDT | ||||
| Unofficial results were updated at the time shown. For more recent results, visit Elections NL. The CBC does not endorse and is not responsible for the content of external sites. External links will open in a new window. |
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NDP Leader Lorraine Michael said greater care must be made on how to spend oil-based revenues.