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The speaker's views on the current political and economic situation in the country as a whole and Newfoundland and Labrador in particular. This address is four months after the referendum in Quebec: a summary of the current state of affairs in Canada generally. Issues discussed include the following. The sense of dissatisfaction in Quebec and Western Canada. The sense of alienation in Atlantic Canada. The sense of alienation and dissatisfaction amongst Aboriginal People. A slow recovery for the economy. The growing national debt and provincial responsibility for this issue. The challenge of solutions. The Strategic Economic Plan for Newfoundland and Labrador. The closing of the Newfoundland fishery, with some background and history of both the cod fishery, and the government's handling of the situation. The involvement of Newfoundland and Labrador in the management of the fishing industry. Joint management.