Tuesday, December 22, 2015

Newfoundland and Labrador deficit hits $1.9 billion

11:16 AM

Ball Economic Update Presser

A worsening market for oil has made an already dire fiscal situation in oil-dependent Newfoundland and Labrador even worse, with the new premier revealing Tuesday that the province is now expected to rack up a $1.96-billion deficit this fiscal year.



from CBC | Express Feed News http://ift.tt/1OlyKrL

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