Mr. Speaker, New Democrats will always oppose budgets that hurt Newfoundland and Labrador, like this budget. Tucked away on the corner of page 151 of the budget, we learned that the accelerated capital cost allowance is being cut for the mining sector. This decision comes as a blow to Labrador companies just at a time when they are discovering new mineral wealth in iron ore and rare earth minerals.
Why are Conservatives pouring cold water over Labrador's mining industry just as it is gaining momentum?