Showing posts with label loan guarantee. Show all posts
Showing posts with label loan guarantee. Show all posts

28 May 2013

Do we have it? #nlpoli

Kathy Dunderdale had a pretty easy audience on Monday for her relaxed, ambling speech about a whole bunch of stuff.

It was the St. John’s Board of Trade. 

As a rule, the townie business community have the guts of political guppies.  They’ll run along with whatever the government says and Monday was no different.  When the Conservatives were spending and spending beyond what the province could afford, the crowd at the Board of Trade cheered wildly.  And now on cue they are repeating the Conservative line on spending restraint – when there really isn’t any – and the glories of Muskrat Falls, which is the proof the government is continuing to spend beyond the public’s means.

The crowd at the aptly named BOT know what side their bread is buttered on so they applauded in all the right spots in the Premier’s stock speech.

Well, almost stock.

13 December 2012

$#*! Jerome Says: federal loan guarantee not firmly in place yet #nlpoli

In the House of Assembly on Tuesday, natural resources minister Jerome Kennedy was pretty clear about the sanction process:

“What we have done … [is ] we have slowed down the process in terms of the sanction.”

Asked about slowing down the sanction process on Wednesday, natural resources minister Jerome Kennedy told the House of Assembly:

“I could be wrong; I do not remember saying anything about slowing down the process.”

Interesting.  And an Interesting choice of words.

28 September 2012

Kremlinology 42: Dependency and the Loan Guarantee #nlpoli

The cost of the Muskrat Falls project has escalated to the point where the provincial government can’t do it without a federal loan guarantee.

Premier Kathy Dunderdale said as much on Wednesday when she finally got around to meeting with reporters two days after her meeting with Prime Minister Stephen Harper.

In her long rambling answer to the first question, she called the loan guarantee “important” at least twice. How far they have come since Danny Williams first started down the entirely political road to build the entirely political project.