Nfld. & Labrador

On Point: Oil prices, budgets and election politics

In this week's On Point, host David Cochrane is joined by Atlantic Director for UNIFOR, Lana Payne, former Liberal Party vice-president John Hogan and former Progressive Conservative cabinet minister Shawn Skinner.
On Point this week, host David Cochrane is joined by former PC Cabinet Minister Shawn Skinner, former Liberal Party NL Vice President John Hogan, and Atlantic Director for UNIFOR Lana Payne. 18:17

In this week's On Point, host David Cochrane is joined by Atlantic Director for UNIFOR, Lana Payne, former Liberal Party vice-president John Hogan and former Progressive Conservative cabinet minister Shawn Skinner.

The panel discusses how the Tory Party's plans for a surplus budget has been foiled by low oil prices and the impact it may have on voters.

They also reflect on what a string of recent byelection losses means for the PC Party going forward, and what issues are driving voters away. 

Also during this week's show, Finance Minister Ross Wiseman answers questions about the effect that sinking oil prices are having on the government's finances.

Wiseman also discusses the influence that OPEC has on the province's economy, the prospects of having a budget surplus in the foreseeable future and the impact an upcoming election year will have on government spending.

Check this Watch this week's episode of On Point, by checking the video player above.