Debates of August 23, 2007 (day 16)
Member’s Statement On Newfoundland And Labrador’s Hebron Fields Resource Royalties Agreement
Thank you, Mr. Speaker. Mr. Speaker, I recently read and watched, with interest, the news that Newfoundland/Labrador and Premier Williams had successfully negotiated an agreement with Chevron for the new Hebron fields. I remember, as well, months ago when the negotiations broke down and the oil companies left, saying that the Premier and Newfoundland/Labrador were being unreasonable and asking too much. From what I understand, the Premier stood his ground. He knows, like we do, that the land is their bank. If they are going to allow access to those resources, they have to get the best deal possible. He also knows, as do we, that the world needs those resources and that they have been there for millions of years but the demand is there. They are beating a path to their doorstep of Newfoundland/Labrador as they are to the Northwest Territories. I would like to just acknowledge and recognize the fact that he did stand his ground. He did not feel that he had to be grateful for the attention and benefits that the oil companies were prepared to give him, but that they were equals. They want something that we have. We have an obligation to strike the best deal for the people we represent and at the same time protect the environment.
I believe he did that. I believe there is a lesson there for the incoming 16th Assembly as we look at resource development, at the macroeconomic policy, and the duty to consult, that we keep those things in mind. We do not have to be a humble mendicant shuffling our feet and tugging our forelock as we deal with big business. We have what the world needs, but we also know that we have an obligation to be careful because the land is our bank. We have an obligation for all the generations yet to come to ensure that while we make the maximum use of those resources, we also protect the land and the environment.
We cannot have a macroeconomic policy that does not consider, front and centre, how you keep a healthy environment and healthy people. So we should take a page and learn from the Government of Newfoundland what can be done. We have some good pieces in place with the macroeconomic policy and duty to consult, but let’s not forget that we should stand tall and proud as northerners and be able to look these multi-national major organizations in the eye and deal with them from that basis. Thank you.
---Applause