Michael says surplus should benefit the people of the province

Wednesday, November 16, 2011

NDP Leader Lorraine Michael (MHA Signal Hill – Quidi Vidi) says government must spend some of the province’s huge surplus to meet the needs of the people of the province.

Government today released its mid-year financial update noting the surplus has soared to $755.8 million from the projected $59 million predicted in April.

“There is enough money now to address pressing needs outlined in our election platform pledges,” says Michael. “Municipalities Newfoundland and Labrador recently outlined $116.8 million in infrastructure needs ― why not address these?”

Michael outlines just a few of the important ways government could help people in the province ― such as expanding the NL drug prescription program for seniors, covering the cost of glucose test strips, increasing income support rates, and introducing post-secondary education needs-based grants.

“Our costed platform shows these needs can be addressed and government will still have money to pay down the province’s debt,” says Michael.

“It is too bad this government does not see the value of using this money to better the lives of the people of this province.”
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