The Future Prospects of Canada's Newest Province
Publication:
The Empire Club of Canada Addresses (Toronto, Canada), 27 Mar 1980, p. 319-332


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The Future Prospects of Canada's Newest Province


The realization of a major readjustment in the economic and social disparities which Newfoundland experiences relative to the rest of Canada. The major challenges to face in order to create a greater level of economic and social prosperity. A brief historical review of Newfoundland. Historical facts that have led to the disparity in the level of public services and the standard of living in Newfoundland as opposed to other provinces. Problems with large resource developments, especially offshore oil and gas and hydro. The wish for Newfoundland to become a self-supporting member within Confederation. Development vs. wise management, with examples. A fisheries management policy. Conservation and management regulations. The need for short-term infusion of capital. Agreements with the federal government. Newfoundland's hydro resources and problems with Quebec. The premier's concept of Confederation.