The New Democratic Party of Newfoundland and Labrador is holding its biennial convention in St. John's this weekend.

Much of the focus is on gearing up take on the PC government in the next provincial election, three years from now.

During her keynote speech at the convention Saturday morning, leader Lorraine Michael said the party has a lot to celebrate.

But she also cautioned that the clock is ticking, and that to keep the orange wave rolling, they need to start planning and raising money for their campaign.

"An election three years away may sound like a long time, but when you get to the year before, that’s when all the action happens," said Michael.

"If we don't get things in place by then, our last year will be quite a crunch," she said.

"The work has to happen now."

The party will elect members to its provincial executive on Sunday.

The convention then wraps up with a speech by federal NDP MP Jack Harris.