Keith Hutchings - the provincial cabinet minister leading talks with the federal government on European trade - issued a statement on December 9, 2014.that began with a simple statement.
“In June, 2013,” Hutchings began,
“our governments agreed that, in exchange for the [provincial government] agreeing to lift minimum processing requirements (MPRs) for the European Union (EU), the Federal Government and the provinc[ial government] would establish a fund that would provide for total expenditure of $400 million based on a 70/30 federal/provincial cost share.”
The money was for “industry development and renewal [in the fishing industry] as well as worker displacement” according to Hutchings.
But when Hutchings spoke with the Telegram’s James McLeod six months later, things weren’t quite so cut and dried.