26 January 2012

AG Report–Government Liabilities #nlpoli

The latest report by the province’s Auditor General has some information to bear in mind as we talk about Muskrat Falls.

AG balances

Note that total liabilities went up from the end of March 2010 to the end of March 2011.  It now stands at more than $13 billion.


Financial assets are now slightly below $5.0 billion. That’s the cash you need to keep a eye on when it comes to Muskrat Falls.

Just keep those figures in mind. 

They’ll come up again.

- srbp -