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Keith Hutchings, Finance Critic for the Official Opposition, says there is no excuse for the Ball Liberals to hide the economic diversification report costing over $1 million of taxpayers’ money
Wednesday, February 13, 2019

St. John’s, NL (February 13, 2019) – Keith Hutchings, Finance Critic for the Official Opposition, says there is no excuse for the Ball Liberals to hide the economic diversification report costing over $1 million of taxpayers’ money to have McKinsey & Company tell them how to diversify the Newfoundland and Labrador economy in the last year of their current mandate.

The Liberals pushed the consultant’s initial deadline to the end of February with the Finance Minister telling CBC he does not intend to release the report until six to eight weeks after that

“Commissioning the McKinsey report was a desperation move by a Liberal government that has produced no plan in more than three years to diversify the Newfoundland and Labrador economy.  We have seen an announced Cabinet Committee on Jobs, other announced industry strategies, and LEAP and Way Forward plans.  Are these not working?  Based on the past budgets and the economic indicators, they are not.  So now taxpayers will pay over a million dollars for a report that will not be released when received by the Ball government.”

“We have just had budget consultations in the province and while the Finance Minister says this report will influence the budget, the taxpayers who paid for it could not see it as part of budget consultations.  But now, instead of using the external report to inform their last budget, what will it be used for?”

“Surely it would not be used to secretly write an election platform.  The report was paid for by taxpayers and should be released by the Finance Minister immediately.”

Contacts:

Bradley Russell

Director of Policy and Research

(p) 1.709.729.3668

(c) 1.709.685.3161

BradleyRussell@gov.nl.ca

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