GNB
Provincial Archives of New Brunswick

Canada as seen through the Eyes of New Brunswick Editorial Cartoonists:
The Insight and Humour of Josh Beutel and Bill Hogan

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Lougheed Loan- Hatfield Moan
Josh Beutel, Telegraph Journal, 1978-12-7 Reference number: MC2806-23

Scope and Content
The fiscal imbalance is illustrated through Peter Lougheed, Premier of Alberta, sitting on a throne that is also a safe. John Buchanan has $100 million in a cart and is on his way out the door. Lougheed says, "Next!" as Richard Hatfield peeks around the door.

Title
Lougheed Loan- Hatfield Moan

Issues
Equalization Payments
Equalization payments involve transferring finances from the federal government of Canada to less wealthy provinces to equalize their ability to offer government services to the standard of wealthier provinces. Equalization payments are unconditional, allowing the recipients to spend the money on public services according to each province's priorities. Currently Quebec is the single largest recipient of payments, while Ontario and Alberta are the only provinces who do not receive equalization.


Persons
John Buchanan
- Born April 22, 1931
- Progressive Conservative
- Elected leader of the Progressive Conservative Party of Nova Scotia, 1971
- Premier of Nova Scotia, 1978-1990. Campaigned as "Honest John".
- Tenure saw Nova Scotia enter into massive debt
- Played an important role in the patriation of the Constitution
- Strongly allied with Brian Mulroney during Meech Lake talks
- Appointed to the Canadian Senate by Brian Mulroney in 1990. Retired at age 75 in 2006
- Accused of corruption, investigated but not charged
Richard Hatfield
- Born in Woodstock, NB, April 9, 1931
- Longest-serving premier of New Brunswick, starting in 1970, stayed four terms until 1987
- Progressive Conservative
- Leader of Progressive Conservatives in NB, 1969 to 1987
- Promoted national unity and linguistic equality
- Worked for the patriation of the Constitution and a Canadian Charter of Rights and Freedoms as well as a constitutional accord, 1987
- Controversies include the Bricklin car venture, Point Lepreau nuclear power plant, spruce-budworm spraying and party fund-raising activities
- Arrested (and acquitted) for marijuana possession shortly before 1987 election (Marijuana allegedly found in his briefcase during the Queen’s visit)
- Defeated by Liberals 1987 (losing every seat), resigned as leader of the party
- Appointed to Senate by Brian Mulroney, 1990
- Died April 26, 1991
Peter Lougheed
- Born Edgar Peter Lougheed, Calgary, Alberta, July 26, 1928
- Progressive Conservative
- Elected Leader of the Progressive Conservative Party of Alberta, 1965
- Elected MLA for Calgary West, 1967
- Leader of the Official Opposition, 1967 to 1971
- Premier of Alberta, 1971 to 1985
- Strong stand on energy and constitutional issues
- Focused on controlling Alberta's natural resources
- Increased petrochemical royalties
- Resigned as Premier, 1985
- Resigned as MLA, 1986

4.11.1