Fishery fund ‘biggest sellout’: Paul Davis says Ball government gave up $300M

The Progressive Conservatives are calling an Atlantic fisheries fund that will direct $100-million to Newfoundland and Labrador a sellout. “It’s the biggest sellout in the history of the fishery,” said Opposition Leader Paul Davis who went on the attack in question period in the House of Assembly Tuesday. “This is nothing but a sellout to the federal government.” Davis complained that, in the fund announced Friday, the province settled for a fraction of what was contemplated under a trade agreement between Canada and Europe [CETA]. That $400-million dollar fund would have included $280 million from Ottawa, with the rest coming from the province. The money was demanded by the province as the CETA took shape in 2013 to compensate for giving up minimum processing requirements. read the story here 20:00