The work was delivered to government in the spring of 2022, but the public has still not seen the analysis or recommendations.
The Canadian Taxpayers Federation is calling on former premier Andrew Furey to release the Rothschild and Company report that cost taxpayers $5.4 million. Devin Drover is the federation’s Atlantic Director and General Counsel. He says the provincial government hired Rothschild and Company to review government assets and explore options for managing or selling them in 2021. The work was delivered to government in the spring of 2022, but the public has still not seen the analysis or recommendations.
Drover says despite requests by Premier Tony Wakeham to release the report, the Premier at the time, Andrew Furey, won’t do it, saying the report falls under cabinet confidence. Drover says taxpayers deserve to know the advice they paid for.
Newfoundland and Labrador carries one of the highest per capita debt burdens in the country, and Drover says each resident’s share of this debt is $35,000. Debt interest payments are projected to cost taxpayers more than $1.2 billion this year.
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