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Newfoundland and Labrador Delays Budget Balancing Amidst Global Uncertainty
Newfoundland and Labrador's 2025-26 budget forecasts a $372 million deficit, delaying the province's plan to balance its budget due to global economic uncertainty stemming from US tariffs on Canadian goods; the province will borrow $4.1 billion, increasing its net debt to $19.4 billion, while alloca...
Newfoundland and Labrador Delays Budget Balancing Amidst Global Uncertainty
Newfoundland and Labrador's 2025-26 budget forecasts a $372 million deficit, delaying the province's plan to balance its budget due to global economic uncertainty stemming from US tariffs on Canadian goods; the province will borrow $4.1 billion, increasing its net debt to $19.4 billion, while alloca...
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