Atlantic premiers today announced that a new profit-sharing arrangement for Atlantic Lotto has been agreed. "This new formula is fair and equitable to all four provinces, and I am pleased to confirm Nova Scotia's support of this regional Corporation," stated Premier Hamm.
"I am pleased that our joint efforts have resulted in securing Atlantic Lotto's future," stated Premier Lord.
"This is a clear signal that regional cooperation works," said Premier Binns, "I look forward to identifying other opportunities for regional cooperation."
Premier Tobin, who was unable to attend today's meeting due to inclement weather, also indicated his support for this arrangement. "This is a sound basis for our future collaborative efforts," he said.
For more information, contact Kim Thomson, Information Officer, Council of Maritime Premiers, (902) 424-7590 (phone), (902) 424-8976 (fax) or by e-mail: kthomson@cmp.ca