Ottawa may owe province millions: Casey

Jason Malloy
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TRURO - The federal government may have stiffed the province hundreds of millions of dollars during the past 20 years, claims independent MP Bill Casey.

The Cumberland-Colchester-Musquodoboit Valley MP said the governments signed a deal in 1986, the original Atlantic Accord, which required the federal government to make a Crown share adjustment payment annually to the province after the attainment of the offshore revenue threshold.

"They haven't made one yet," Casey said Tuesday. "I haven't been able to access what the calculation would be… My understanding is it's a lot of money."

The MP has written a letter to Finance Minister Jim Flaherty asking for details of the government's obligations.

"I think it's time, now, we call them to pay up," Casey said.

In his letter, Casey writes: "The cumulative amount owed to Nova Scotia could be in the hundreds of millions of dollars, and this obligation should now be paid."

The fifth-term MP was unaware of the outstanding payments until negotiations between the provincial and federal governments following the release of the federal budget.

But can the country afford to drop a million dollars or whatever the outstanding payments is to the province?

Absolutely, Casey says pointing to the recently announced $14 billion unexpected surplus.

He knows it won't happen overnight but hopes the public awareness will help bring money back home.

Organizations: Cumberland-Colchester-Musquodoboit Valley MP

Geographic location: Ottawa, Nova Scotia

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Recent comments

  • doug
    January 18, 2010 - 10:49

    Please retire Bill, we have had enough!!