Privatization
Between 1995 and 1997, due to rising debt, the provincial government embarked on a program to reduce expenses in the Parks and Recreation system by privatizing a number of Provincial Parks and Natural and Scenic Attractions. This policy was controversial and was still being referenced negatively in debates in the Provincial House of Assembly as late as 2004.
The privatization initiative was intended to retain the level of parks and recreational areas available to residents of and tourists in the province, while reducing the expense to the provincial government. It is unclear how successful this was, as at least of some of the privatized properties were no longer operating as of 2001.
Read more about this topic: List Of Protected Areas Of Newfoundland And Labrador