29 May 2010

Principal beneficiary

Newfoundland and Labrador’s royalty take from the offshore in 2009 (entirely based on 1985 Atlantic Accord and deals negotiated pre-2003): $1,826.3 million

Federal government take from Hibernia 8.5% share:  $107 million

That’s not bad for a bunch that supposedly couldn’t negotiate deals.

-srbp-

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