The mighty Ceeb is reporting it as if the deal itself may be signed this week and likely that's what they've been told via someone's clicking thumbs. Since the memorandum of understanding expires this week, having a deal at the last minute sounds more dramatic. It looks like it went right down to the wire wrestling every little concession and gain, when, truthfully, most of the time was spent with lawyers arguing about whether the sentence needed a comma or a semi-colon.
All pretty cut and dried since the deal in broad outline - jobs locally pouring concrete but not much else in local benefits - was done in the memorandum of understanding. Other fabrication work done locally will be minimal, most likely, if the MOU was any indication. Think not just Hibernia Light, but Terra Nova Light, but time will tell if the old crystal ball at Bond is right.
Anyways, beyond the need to ramp up the drama around the hebron thingy to try and draw some attention away from its potential shortcomings (what will the price of oil be in 2025, anyway, so we know if extra royalties cut in?) the real value of the Hebron thingy is its use in old-fashioned politics:
- There are two by-elections that clue up next week. yes, formal polling day is the 27th but we already know voting has been going on their under the farcical elections set-up in this province since before there were even candidates.
- Corporate Research Associates is in the field doing its quarterly survey work. Most of the questions are standard, but there are a bunch of interesting ones. Like most pressing problem facing Atlantic Canadians and which companies are the best corporate citizens. No sign of any obvious provincial government questions, at least in the versions reported to your humble e-scribbler.
Then again, in some quarters, CRA actually goes to the field with two separate polls. The common questions - the three CRA provincial politics ones reported in the media - are common to both. When CRA reports a sample of 800 some odd, that's a double poll month with the three public question results actually being glued together from two surveys rather than being reported as separate results.
Nothing says federal election like a politican handing out public cash.
Nothing says provincial politics like a bit of poll goosing and old-fashioned pork announcements.
Quick as that update: The Great Oracle of the Valley - a.k.a voice of he cabinet minister - has an online story that could have been clicked out by thumbs from the Hill. It contains all the elements: Announcement tomorrow. Deal reviewed by cabinet today (not mentioning the deal was done weeks ago). MOU expires on Thursday.
Ah, the drama of it all.
Ah for the old days when The Boss would drive into the parking lot on his way to The Hill and roll down the window so someone from the Oracle newsroom could stick a microphone through to record the latest utterances.
Here's a thought: if cabinet hasn't seen the deal at all until today, then what happens if one of them has a serious objection on a matter of substance, policy and/or principle?
-srbp-
