The Newfoundland and Labrador government is looking to the European capital market to lower borrowing costs, opening a listing on the London Stock Exchange to find new buyers for the province s debt already the highest per capita in Canada.
The Newfoundland and Labrador government announced an unexpected surplus in Wednesday’s fall fiscal update, but experts say it would be a mistake to assume the province’s dire financial straits have seen a permanent reversal.
N.L. posts unexpected $479M surplus on higher oil revenues, taxes cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
The Newfoundland and Labrador government has unveiled details of its long-awaited pay equity legislation to mixed reviews from opposition members and stakeholders.