Tag Archives: Andrew Furey

Quebec joins Nova Scotia in seeking historical share of redfish quota

Companies from Quebec hold a little under one-third of the offshore quota, while it’s around 50 per cent in Nova Scotia. The fishery was effectively shut down to protect the species in 1995. However, a now booming population is about to set off a huge harvest in an area known as Unit 1, which encompasses the Gulf of St. Lawrence and portions of the Cabot Strait. Quebec said it’s essential for the federal government to maintain the historical share of quota when large-scale fishing resumes in several years, even if the industry there is not ready. >click to read< 09:14

Andrew Furey sworn in as 14th premier of Newfoundland and Labrador

The surgeon and charity CEO from a political family was elected Liberal leader Aug. 3 and will replace Dwight Ball to become the 14th premier of the province. Furey, the son of Senate Speaker George Furey, was sworn in during a ceremony at Government House in St. John’s this morning. The new premier, who has never held public office and does not have a seat in the provincial legislature, will take questions at a news conference later today. Furey will inherit a troubling financial situation in Newfoundland and Labrador, with officials attributing a $2.1-billion deficit to falling oil prices and pandemic-related spending. The new premier will face the likelihood of rising electricity rates due to cost overruns from the Muskrat Falls dam and will have to manage a struggling offshore oil and gas industry. >click to read< 15:04