Cathy Bennett says federal budget won't knock provincial plans - Action News
Home WebMail Sunday, November 24, 2024, 01:00 AM | Calgary | -12.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
NL

Cathy Bennett says federal budget won't knock provincial plans

Newfoundland and Labrador Finance Minister Cathy Bennett said plans for this year's provincial budget won't be impacted by the 2017 federal offering.

N.L. finance minister says federal budget met provincial government's expectations

Cathy Bennett speaks to reporters at the House of Assembly following the unveiling of the 2017 federal budget. (Ted Dillon/CBC)

Newfoundland and Labrador Finance Minister Cathy Bennett saysplans for this year's provincial budget won't be impacted by Wednesday's federal offering.

Bennett met with reportersin St. John's on Wednesday, following the unveilingof the federal budget in Ottawa.

She said it matched up with what the provincehad discussed with their federal counterparts in recent months.

"We anticipate thatthere'llbelimited impact on theplans that we've had so far," she said.

Bennett said she's happywith the budget's commitment to infrastructure funding, which included$11 billion for affordable housing over 11 years and $7 billion over 10 years to create new child-care spaces.

That's alignedwith the provincial government's plan to spend nearly $3 billion over5 years for roads, hospitals and schools across the Newfoundland and Labrador.

She added the federal government seems to be recognizing changes in Newfoundland and Labrador.

"I was certainly hoping that we would see a recognition of the shift that we're experiencing," she said. "The federal government's response in labour market agreements as well as changes in EI eligibility certainly are positive things for us."

Bennett will unveil the 2017 provincial budget on April 6.