Standing Strong: Protecting Our Resources; Promoting Resource Development
Funding totalling $49.1 million allocated through Budget 2011 recognizes the Provincial Government’s commitment to support responsible resource management and development with strategic investments in the province’s energy, mining, forestry, fishery, aquaculture and environmental sectors.
Budget 2011 provides $13.4 million to continue implementation of key initiatives outlined in the Energy Plan, including specific projects related to offshore and onshore petroleum geoscience, development of an energy innovation roadmap, and energy efficiency and conservation programs, including the EnerGuide program. The plan provides a comprehensive, long-term vision for the development of energy resources to maximize benefits for Newfoundland and Labrador.
In addition to the development of Muskrat Falls, the natural resources sector holds great promise. The construction of the commercial hydromet facility at Long Harbour, expansion at IOC and other large-scale resource projects on the horizon support a bright and prosperous future for rural Newfoundland and Labrador and for the people of the province.
Promoting the Development of Our Energy and Mining Resources
“Newfoundland and Labrador is blessed with an abundance of natural resources, which contribute significantly to the growth of our economy,” said the Honourable Shawn Skinner, Minister of Natural Resources and Minister Responsible for the Forestry and Agrifoods Agency. “As we look towards the future, our resources will continue to play a critical role in securing our province’s long-term success. Investments within each of these industries are crucial to help ensure the development of a truly diversified and robust economy for the benefit of Newfoundland and Labrador.”
To encourage mineral exploration, $2.9 million is being invested in the Mineral Incentive Program which includes the prospector grants and junior exploration assistance programs. An investment of $1.2 million will help ensure long-term industry sustainability for the mining industry, by supporting geoscience mapping to help maintain an adequate geoscience database to encourage mineral exploration and attract investment.
Budget 2011 will invest $510,000 to assess and remediate tailings dams associated with four orphaned or abandoned mines in Newfoundland and Labrador. The mine sites include the former Consolidated Rambler copper mine near Baie Verte; the former Daniel’s Harbour zinc mine near Daniel’s Harbour; the former Whalesback copper mine near Springdale; and the former Gullbridge copper mine near South Brook.
Promoting Our Forestry Resources
Budget 2011 builds upon the Provincial Government’s commitment to the forestry, agriculture and agrifoods industries, promoting diversity, and strengthening the rural economy.
As identified in today’s announcement on investments supporting research and innovation, Budget 2011 will provide $4.2 million to support system improvements in the province's larger integrated sawmills. Additional Budget 2011 initiatives in support of forestry and agrifoods include:
Addressing Climate Change
The Provincial Government is committed to providing leadership in climate change and energy efficiency. As previously announced on April 15, Budget 2011 will invest $4 million to support climate change initiatives including energy efficiency improvements to public buildings, improvements to flood risk mapping and the province’s coastline erosion monitoring, and the development of a public awareness campaign.
Protecting Our Fishing and Aquaculture Industries through Sound Environmental Stewardship
Budget 2011 reflects a commitment to be responsible stewards of the fishery and aquaculture industries for the people of Newfoundland and Labrador.
“Continued attention to the improvement of biosecurity has been a key component of the management of the dramatic growth of our province’s aquaculture industry,” said the Honourable Clyde Jackman, Minister of Fisheries and Aquaculture. “Environmental stewardship of our oceans as we move into new and expanding industries is critical to ensuring the sustainability of our natural resources over the longterm. Our government is committed to this in our fishing and aquaculture industries, and other marine sectors.”
Budget 2011 initiatives for the fishery and aquaculture sector include:
In support of responsible environmental stewardship in Newfoundland and Labrador, Budget 2011 will provide funding to support a number of strategic investments which include:
"Resource management, conservation and a long-term plan to protect our resources are vital in securing and sustaining the natural heritage of our province," said the Honourable Ross Wiseman, Minister of Environment and Conservation. "Budget 2011 clearly articulates our commitment to the preservation of our natural resources and the role we must play in dealing with such factors as climate change."
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Heather Maclean Director of Communications Department of Natural Resources 709-729-5282, 697-4137 heathermaclean@gov.nl.ca |
Melony O’Neill Director of Communications Department of Environment and Conservation 709-729-2575, 689-0928 moneill@gov.nl.ca |
Roger Scaplen Director of Communications Department of Transportation and Works 709-729-3015, 697-5267 rogerscaplen@gov.nl.ca |
Lori Lee Oates Director of Communications Department of Fisheries and Aquaculture 709-729-3733, 690-8403 oatesll@gov.nl.ca |
Vanessa Colman-Sadd Director of Communications Department of Justice 709-729-6985, 699-6524 vanessacolmansadd@gov.nl.ca |
Ken Morrissey Director of Communications Department of Municipal Affairs 709-729-1983, 685-6612 kenmorrissey@gov.nl.ca |
2011 04 19 2:30 p.m.