Newfoundland and Labrador Finance Minister Tom Osborne speaks with the media in Ottawa, on Dec. 17, 2019.Newfoundland and Labrador’s financial picture looks increasingly bleak, and the province’s Finance Minister warns that help from Ottawa will be necessary to get through the challenging period ahead.
Newfoundland and Labrador’s finances were in rough shape before the pandemic, and Finance Minister Tom Osborne says current challenges have made the Liberal government’s goal to balance the budget by 2023 impossible. Osborne says financial assistance from Ottawa will be necessary, whether through the equalization program or other another fiscal stabilization program to help provinces through the pandemic.
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Let them default. We don't need these dead beat provinces.
No way... A liberal province way too far in debt..... uNbeLiEVaBLe!