The political climate kicked into high gear on Monday as the 51st general assembly began with the speech from the throne. But, he said, the opportunities in areas such as oil and gas, hydroelectricity and critical minerals could make the province the envy of Canada. "In the coming session, expect us to move with urgency on delivering our agenda to the people," Aylward read. The $14-billion oil project is poised to open up the first deepwater oil field in the province's offshore, with the first phase set to target 400 million barrels of oil. Hogan said the current fiscal challenges could have been overcome if the PCs had moved forward on the framework agreement with Quebec.

Source: CBC News March 02, 2026 17:03 UTC