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VOCM News Late-Day Update September 10th · VOCM On Demand

• 0:01
  Speaker 1: Local News Now, a VOCM News Update.
• 0:05
  Speaker 2: I'm Brian Medore. Provincial government has released details of that
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  Speaker 2: special debate on the new Churchill Falls MOU. House of
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  Speaker 2: Assembly will be open next week from Monday to Thursday
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  Speaker 2: and proceedings going to begin at 10 in the morning
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  Speaker 2: and run through to 9 at night. The debate will
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  Speaker 2: happen in blocks in the morning, afternoon and evening. Question
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  Speaker 2: period will take place at 20 after 8 at night.
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  Speaker 2: Government House Leader Lloyd Parrott says a host of experts
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  Speaker 2: will be invited to the legislature to answer questions.
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  Speaker 1: We will be bringing in people from the Newfoundland Hydro Board.
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  Speaker 1: We'll be bringing in the negotiating team. We will be
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  Speaker 1: bringing in the oversight panel. We will be bringing in
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  Speaker 1: the federal government, all of which will be there for questions.
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  Speaker 1: They've got time slots.
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  Speaker 2: Parrott outlines how the final day of the debate will go.
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  Speaker 1: So Thursday, people will have the opportunity, every individual in
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  Speaker 1: the House of Assembly will have a 10-minute time block
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  Speaker 1: to speak, and then the resolution will be brought to
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  Speaker 1: the floor after question period that evening.
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  Speaker 2: Town of Lewisport has been gifted a piece of the
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  Speaker 2: World Trade Center ahead of the 25th anniversary of the
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  Speaker 2: terrorist attacks. VOCM's Richard Duggan on that.
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  Speaker 3: The town was one of many to open their doors
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  Speaker 3: to stranded airline passengers when American airspace was shut down.
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  Speaker 3: Chief Rob Fudge and firefighter Stephen Cole were two of
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  Speaker 3: many people who answered the call when 38 aircraft were
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  Speaker 3: forced to land in Gander. According to a social media
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  Speaker 3: post by Lewisport Regional Fire Rescue, on Tuesday, the two
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  Speaker 3: firefighters were on hand to receive a framed piece of
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  Speaker 3: steel recovered from the rubble of the World Trade Center
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  Speaker 3: in New York. It was delivered by American paramedic and
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  Speaker 3: firefighter Garrett Shield, a board member of the group Pay
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  Speaker 3: It Forward 9-11.
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  Speaker 2: The province is doing a thorough analysis of its fiscal
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  Speaker 2: situation before announcing affordability measures for Newfoundland and Labrador sometime
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  Speaker 2: this fall. The coffers have been bolstered by rising oil
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  Speaker 2: prices benefiting to the tune of $ 33 million for every
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  Speaker 2: dollar above the budgeted benchmark. The spring budget forecast oil
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  Speaker 2: prices at $ 79 U.S. a barrel as of this morning, though,
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  Speaker 2: It has surpassed the $ 100 U.S. a barrel mark. That
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  Speaker 2: means more than $ 500 million in additional revenue for the province.
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  Speaker 2: Finance Minister Craig Party told the OCM Open Line with
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  Speaker 2: Brian Callahan that affordability measures are coming, but they need
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  Speaker 2: to balance knocking down the debt with helping Newfoundland and Labrador.
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  Speaker 4: We talked before about giving all Newfoundlanders a benefit, which
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  Speaker 4: we've done in the last budget, you know, the basic
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  Speaker 4: reduction amount. We've done well in the past budget. We
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  Speaker 4: talked about being more targeted in some of our ventures.
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  Speaker 4: I mentioned yesterday to your colleague on the question that
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  Speaker 4: we're probably looking at a composite or a smorgasbord of
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  Speaker 4: different relief options we can with some targeted where we
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  Speaker 4: think that they're needed the most. So that's where we are.
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  Speaker 4: We don't want to get ahead of our skis knowing
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  Speaker 4: where we are to make sure the revenue and where
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  Speaker 4: the dollar is going, but we know we had Moody's
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  Speaker 4: tell us that we think that this will continue on
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  Speaker 4: into the next fiscal.
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  Speaker 2: I'm Brian Medore.