FOR IMMEDIATE RELEASE – Charlottetown, PE (April 24, 2014) – NDP Leader Mike Redmond is urging the Ghiz government to do a review of the Provincial Nominee Program (PNP) while it reviews the five-year Island Prosperity Strategy.
“It is encouraging to see the Premier consider a review of the $200 million Island Prosperity Strategy and, while he is at it, he should also do a proper analysis of what happened with the $400 million in PNP funds that apparently came into the province over five years ago,” stated Redmond.
Last week Redmond called on the Legislature to follow up the Auditor General’s report that indicated that no further action was expected on Use of Proceeds Agreements and other aspects of PNP. He also committed that an NDP government would recover PNP funds not invested for business development purposes.
“So we are talking about $600 million distributed by decisions of the Ghiz government with Richard Brown as Minister responsible. Let’s see proper accountability with the Premier and that former Minister accounting for the results of their decisions from that time,” added the NDP Leader.
Recent media reports on the goals of the Island Prosperity Strategy have stressed that Prince Edward Island continues to have the lowest wages in the country. Statistics Canada reports that for March 2014, the Island’s unemployment rate was 11.8%, the highest of all Canadian provinces.
“Thousands of Islanders, struggling to make a living, have good reasons to wonder why $600 million made such a limited positive impact on the Island economy. Are we ever going to learn from our mistakes in this province? If this government does not account for these multimillion dollar decisions, an NDP government will,” concluded Redmond.
Leader, NDP PEI