Newfoundland and Labrador has a new minister responsible for credit unions and the Credit Union Deposit Guarantee Corporation, Lloyd Parrott.

On August 20, Premier Tony Wakeham announced a surprise cabinet shuffle. Minister Parrott’s new role comes in addition to his other high-profile portfolios, including Minister of Energy and Mines. He also became Minister of Red Tape Reduction, a new portfolio. CCUA has written a congratulatory letter to the minister and requested a meeting. CCUA had the opportunity to host Minister Parrott at a previous MHA reception when he was a member of the Official Opposition.

Minister of Finance Craig Pardy retained that portfolio and responsibilities for the Office of the Chief Information Officer. The former minister responsible for credit unions, Mike Goosney, has been shuffled to Tourism and several related portfolios. Minister Chris Tibbs has been shuffled to Housing, Social Supports and Well-Being, and is now Minister Responsible for the Status of Persons with Disabilities as well.

The shuffle came days after a new Churchill Falls agreement was signed by the governments of Newfoundland and Labrador, Quebec and Canada. The $273 billion agreement is politically and economically significant, and is expected to create thousands of jobs for skilled workers in the province. The agreement will also set the tone for the government’s new roles and priorities, including a special legislative session to debate the deal on September 14.

To read the full list of the cabinet shuffle click here

For any questions, please contact Jenn English or Charlotte Moase.