Tuesday, February 01, 2005

Saskatchewan Joins Chorus Demanding Special Deal

The aftermath of the Offshore Energy deal continues. Today, Saskatchewan Premier Lorne Calvert is looking for a similar deal to that recently brokered between the Atlantic Provinces and Ottawa.

For the past year the province has been airing grievances similar to those Danny Williams brought to the public's attention. Saskatchewan loses approximately 90% of provincial royalties on oil in the form of equalization payment cutbacks. Calvert estimates that had Saskatchewan been operating under the same deal as Newfoundland and Nova Scotia recently negotiated they would have taken in an extra $4 Billion.

Saskatchewan becomes the second province to demand a special deal in the aftermath of the Feds Offshore Energy deal.


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