Dwight Ball wants Trudeau to review Atlantic Accord

Premier Dwight Ball wants to sit down with Prime Minister Justin Trudeau to review the Atlantic Accord to try to extract more money for the province.

At the Newfoundland and Labrador Oil and Gas Industries Association (NOIA) annual general meeting on Tuesday, Ball said he's written the prime ministerasking for a sit-down meeting as soon as possible.

When a renegotiated Atlantic Accord was signed in 2005, it called for a review to be conducted before the end of March 2019, but Ballwants that process to start now.

One of the big questions he has is whetherthe province is still the principal beneficiary of its offshore, a key thrust ofthe agreement.

He also wants to discuss the province's fiscal situation in relation to other provinces.

"I believe there's more benefits that we can get from that as Newfoundlanders and Labradorians," said Ball.

"The accord should be the enabler that allows that to happen."

In the letter to Trudeau, which was provided to CBC News, Ball asksfor a timely review in light of the financial challenges facing the province, and to discussthe province's "misnomer" as a "have" province under the current equalization process.

The last time the Atlantic Accord was reviewed therewas a prolonged fight with Ottawa, with then premier Danny Williams removingthe Canadian flag from the front of Confederation Building.

It ended with a cheque from the feds to the tune of $2 billion.

Oil industry has own hopes

NOIA, meanwhile, has its own wish list.

CEOCharlene Johnson has questions about the federal government's new environmental assessment processannounced last week.

The National Energy Board will be replaced by theImpact Assessment Agency of Canada. It will review all major natural resource projects.

NOIA, meanwhile,wants more control of the environmental review process back in the hands of the Canada-Newfoundland and Labrador Offshore Petroleum Board.