Commitment to the creation of a sovereign wealth fund was one of the NLECs key asks in pre-budget consultations, and one of the recommendations from our Conference Board of Canada Report Achieving Sustainable Prosperity, released last week.
Last night at a PC Fundraiser Premier Paul Davis announced a commitment to establishing such a fund, which he’s calling a “Generations Fund”. Davis also said budget 2015 will outline an infrastructure plan for the province – continued investment in infrastructure was also a key ask of the NLEC. Budget 2015 will be delivered next Thursday, April 30th.
What people are saying:
Davis says budget will lay out infrastructure plan. Infrastructure something the employers council has pushed for #nlpoli
– Peter Cowan (@PeterCBC) April 22, 2015
On the Generations Fund
Well looks like the NLEC finally advocated and achieved something positive for the future of NL
-“Snide”, VOCM Message Board Posted:4/23/2015 11:27:32 AM