Trade gap, deficit hard to over­come

The Guardian (Charlottetown) - - EDITORIAL -

Premier Wade MacLauch­lan de­liv­ered his state of the prov­ince ad­dress to the Ro­tary Club of Char­lot­te­town but it was mainly a cheer­lead­ing ex­er­cise. He listed five ar­eas to boost our econ­omy but it was wish­ful think­ing at it’s best.

The prov­ince has a trade gap of $ 1.3 bil­lion and still has a $ 33 mil­lion deficit but the premier is fore­cast­ing a bal­anced bud­get for 2016 be­cause he be­lieves our eco­nomic growth will out pre­form the na­tion.

This is good to hear but not very re­al­is­tic since we can’t re­cruit enough work­ers to keep fish plants open so we are forced to bring in tem­po­rary for­eign work­ers to do the job. The premier plans on lead­ing Is­land com­pa­nies on two trade mis­sions this year but so is ev­ery other prov­ince in Canada. The com­pe­ti­tion is in­creas­ing and even with the low dol­lar I’m doubt­ful that P.E.I. can over­come the trade gap and bal­ance the bud­get. David Steeves, Char­lot­te­town

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