Canadian Business, what about Newfoundland?
06 Feb, 2009
I have been subscribing to the Canadian Business magazine for a couple years now and not once, ever, have I heard them talk about Newfoundland and Labrador. In fact, if this province wasn’t so big on the Canadian map I am sure it wouldn’t even been mentioned.
About half a year ago this magazine released an issue regarding Energy. It was a great issue except for one major thing that rattled my bones; no mention of our province.
Newfoundland and Labrador at the time had just announced Hebron and that the province would have an equity stake in the project. In addition, the refinery at Come-By-Chance was expecting upgrades and a new smelter was to be built around Long Harbour. This doesn’t include the work at the Lower Churchill hydro facility or the Voisey’s Bay nickel mine.
Newfoundland and Labrador is a powerhouse of energy.
82 pages on energy in Canada and not a word of Newfoundland and Labrador.
I wanted to write to the editor, but I saved my breath and just huffed to myself quietly.
Then their latest issue has an article about maritime provinces (finally!), "Go east, young man?" discussing how suddenly Nova Scotia and New Brunswick are "dynamos." The article, of course, does not mention our province. I am dismayed.
The Newfoundland and Labrador econmoy couldn’t be stronger (well, let’s leave out the current cost of oil and removal equalization payments to the province). The remoteness of our province from the global economy seems to have spared us from this recession, for now. Housing values were skyrocketing and people are leaving big cities for employment here. Of course, until recently, Newfoundland has been topping GDP for the country and only a few months ago we were named a "have" province, placing us in a stronger economic position than Ontario (relatively speaking).
How does this slip the radar again? This is getting ridiculous. Canadian Business, expect a letter to the editor.