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Tuesday, August 2, 2016

August 2, 2016,

 

For Immediate Release

 

 

 

Liberal Government Has No Plan to Generate Revenue or Manage Assets Owned by the People of Newfoundland and Labrador

 

 

 

Barry Petten, Transportation and Works Critic for the Official Opposition, said, "The recent sale of the I.J. Sampson School property proves that the Liberal government has no plan to generate revenue or manage assets owned by the people of Newfoundland and Labrador."

 

“In November, Dwight Ball and other members of the Liberal Party made statements to the media that part of their supposed plan was to bring in $50 million of revenue each year by selling government-owned assets; it’s now August and the Liberal government has made one sale, accounting for just $189,000."

 

“The Liberals stated they were working on a real estate optimization strategy. The only strategy seen to date is to sell provincial assets for a fraction of their market value. Was this another case where the liberals were 'too busy' to come up with a plan to meet their $50 million goal? With $49,811,000 left to go, it appears that this will be yet another unfulfilled commitment to the people of Newfoundland and Labrador,” said Petten.

 

A media article dated November 22, 2015 stated: “the Liberals plan on balancing the budget with nearly $1 billion in new revenue and savings. This includes cutting $380 million in 'government waste' over the next four years; selling off $50 million per year in government assets and Crown land.”

 

Petten stated, “The Liberal government has no plan to manage the affairs of this province. It appears they made flippant statements without the intention or the ability to follow through. Last week, the Premier stated that the government would make the fall budget about bringing in new revenue. In this instance, the Liberals have only obtained 0.3% of their total revenue goal. There is little wonder why the public would have no faith in their claims."

 

"It begs the question: Having raised so little from small-scale asset sales, what major assets belonging to the people of Newfoundland and Labrador might they be thinking about putting up for sale?"

 

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Media Contact:

 

Heather MacLean, Director of Communications, Office of the Official Opposition

 

(709) 729 6105, heathermaclean@gov.nl.ca

 

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