Mr. Speaker, last year this Government presented the first three-year fiscal plan in the history of Newfoundland and Labrador. It established priorities and restructured services. Necessity required re-invention.
This year, I am pleased to announce that the plan is working.
Mr. Speaker, last year’s budget projected a deficit of $20 million. That goal has been met. The deficit target for 1998-99 remains at $10 million. The Budget will be balanced in 1999-2000. These targets are being met without any new cuts, layoffs, or taxes.
Mr. Speaker, there is a strong consensus in the Province:
Such a strong consensus should not and will not be ignored.