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'It's gonna be ugly:' Newfoundland and Labrador's billion-dollar elephant in the room
The Canadian Press ^ | February 1, 2021, | Sarah Smellie

Posted on 02/03/2021 6:22:01 AM PST by george76

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1 posted on 02/03/2021 6:22:01 AM PST by george76
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To: george76

Socialism works until you run out of other peoples’ money...................Margaret Thatcher...........


2 posted on 02/03/2021 6:23:58 AM PST by Red Badger (SLEAZIN' is the REASON for the TREASON .................................)
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To: george76

Let it go into insolvency then sell it for pennies on the debt dollar.
Trump can buy it and then annex Greenland.
Voila!
Trumptopia is born.


3 posted on 02/03/2021 6:24:40 AM PST by Cletus.D.Yokel (MTGreene promotes violent conspiracies. Omar / Tlaib promote 'peaceful' Sharia overthrow. Equal.)
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To: george76

Well there’s always that ace in the hole for Newfoundland -— the Oak Island treasure


4 posted on 02/03/2021 6:29:35 AM PST by texanyankee
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To: george76

I didn’t know there was gas and oil off the coast of Labrador. There must literally an endless supply all around the world.


5 posted on 02/03/2021 6:29:53 AM PST by HighSierra5
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To: george76

Easy enough to fix....

Raise taxes on the rich...and institute a 15 loonie/hour minimum wage.


6 posted on 02/03/2021 6:30:37 AM PST by moovova (Yo GOP....we won't forget.)
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To: Red Badger

To Catch a Wild Pig.

https://freerepublic.com/focus/f-chat/2551030/posts


7 posted on 02/03/2021 6:33:50 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

Roy Romanow? Who knew the Romanovs controlled Saskatchewan? (Yes, he descended from Soviet exiles... No, not those ones.)


8 posted on 02/03/2021 6:37:07 AM PST by dangus
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To: george76

Look for this same thing to happen with Democrat states in the years to come.


9 posted on 02/03/2021 6:38:46 AM PST by MercyFlush (Donald Trump is my President and Free Republic is my social media!)
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To: george76

Nova Scotia can’t be that far behind...


10 posted on 02/03/2021 6:40:37 AM PST by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: george76

FREE CORN!...........TODAY!....................


11 posted on 02/03/2021 6:40:45 AM PST by Red Badger (SLEAZIN' is the REASON for the TREASON .................................)
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To: george76

Childs said that In 1993, then-Saskatchewan premier Roy Romanow identified a few key services government wanted to protect: kindergarten to grade 12 education as well as health care and social services. Romanow put everything else on the chopping block and did his best to communicate with citizens, Childs said.

“He said: ‘Here are the books. What do we do?’ and had that conversation in a meaningful way,” Childs said. “And he got re-elected.”


Folks,

this is the success story. Thoughts?

1) a little concerned by the words “government want to keep” I will trust that that was also the people’s want.

2) Keep education, health and social services.

3) success is defined by the fact that he got reelected? would like to see other criteria. I might think he played ball and submitted to the central govet and the others
asserted some power and freedom.

4) Keep you eyes on this in Canada. The federal government is the economy here. We have some tough times coming folks.

5) When I worked with business going bankrupt, even if they made perfect decisions from then on, they could not overcome all the bad decisions.


12 posted on 02/03/2021 6:48:49 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: MercyFlush

Nova Scotia can’t be that far behind...

Anne of Green Gables worked out in the end. Why cay that region?


13 posted on 02/03/2021 6:49:06 AM PST by DIRTYSECRET (1)
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To: george76

it was revealed that members had to sign a non-disclosure agreement. Voters will not see a first draft of the team’s findings or its recommendations before the election.


There are a couple of reactions to that. Has it should be but I wonder if the goal is to put it past the election.


14 posted on 02/03/2021 6:51:39 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: george76

this explains why the Canadians are so concerned about the key stone pipe line.


15 posted on 02/03/2021 6:53:58 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: george76

“It is going to hurt a lot,” Childs said, about the sacrifices the province will have to make to course correct. “Is it doable? Yes. Is it pleasant? Absolutely not.” The government should begin by shoring up mental health services because people are going to need them, Childs added.


Read that slowly and let your lips move.................

I think that Trumps response would be to take away the regulations not mental health.


16 posted on 02/03/2021 6:58:46 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: george76

My mother is from Newfoundland. So sad to see what’s happened to this beautiful province the last 50 years. Once the waterways were opened to international fishing, the province’s economy was decimated. The fish are gone, and along with it the primary source of income and livelihood for the good people of NFLD.

My mother is from a large bay coastal town, and when I was a girl in the late 1960’s-early 70’s, we would go fish off the docks. We’d cut the head off the first catch, throw it back, and in no time, there would be hundreds of cod and trout swimming about. Then, looking to do the same thing some 20 years later, all gone. There were no fish in the bay.

Fishing was the lifeblood of the Newfoundland people and it was given away by greed. It not only destroyed their livelihood, but the culture as well. So many people living on welfare, conditioned to depend on handouts, has led to major crime, drug and alcohol abuse/addiction. We learned to play a fun card game they play that involved a little pocket change. When one of the locals won, they’d say: “pay of taxpayers” because the joke was that’s where the coin came from...those able to work and pay taxes.

Sad. Very sad.


17 posted on 02/03/2021 6:58:47 AM PST by nfldgirl
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To: texanyankee

Oak Island is in Nova Scotia, but you knew that.


18 posted on 02/03/2021 6:58:53 AM PST by brooklin
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To: george76

Liberal Governments ,D’oh


19 posted on 02/03/2021 6:59:12 AM PST by butlerweave
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To: george76
As far as Canada goes, investing in Saskatchewan was a no-brainer because it had a lot going for it even when it was struggling. It's resource-rich, criss-crossed by highways and railroads, and for most people who live there the climate isn't much different than the Dakotas or Minnesota here in the U.S.

Newfoundland/Labrador is a whole different story. It does have resource wealth, but is far removed from civilization, has no major cities that serve as centers of commerce, and has a hostile climate that chases many of its native residents away. It's basically Scotland on the other side of the Atlantic Ocean.

Give it time, and it may eventually get small enough to be "de-listed" as a province and demoted to territorial status.

20 posted on 02/03/2021 7:00:26 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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