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The Canadian and Newfoundland flags fly at half mast in Dover, Nfld. (CP/ANDREW VAUGHAN/CP/ANDREW VAUGHAN)
The Canadian and Newfoundland flags fly at half mast in Dover, Nfld. (CP/ANDREW VAUGHAN/CP/ANDREW VAUGHAN)

Newfoundland Liberals roll out election platform Add to ...

The Liberal party in Newfoundland and Labrador has rolled out its election platform.

Liberal Leader Kevin Aylward says all of the promises will cost $145-million in the first year alone — if the Liberals win the Oct. 11 election.

As well, Mr. Aylward says the party would immediately halt development of the Muskrat Falls hydroelectric project, pending a full review.

Among the party's new initiatives, the Liberals plan to create a legacy fund by investing 10 per cent of oil revenues — that's about $250-million annually.

The Liberal leader describes the fund as a savings plan for the province's future.

The party also promised to set up a $250-million fisheries diversification fund and launch a judicial inquiry into management of the fishery.

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