Dwight Ball reveals economic policy during Board of Trade speech

Capitalizing on Newfoundland and Labrador's natural resources and developing a long-term plan for the oil and gas industry are key parts of the Liberals economic plan, leader Dwight Ball announced Friday.

Ball used a speech at a St. John's business luncheon today to spell out details of the party's economic platform. 

The Liberals would establish a cabinet committee on 2041 and make public details of the finances of the Muskrat Falls project, Ball said.

He also promised to allow individuals and businesses to use their own generated power through small-scale renewable sources and feed the surplus power back to the grid.

Ball also promised to establish a legacy fund from oil revenues to use in the future. 

The economic plan, which touched on the fishery, immigration, oil and gas and natural resources, is the third of five platform planks rolled out by the Liberals since the provincial campaign began.

Ball repeated his promise to reverse the HST hike coming in to effect Jan. 1.