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- Newfoundland and Labrador's auditor general warns about the province’s escalating debt. Despite a growing population, the province has a per capita net debt double Canada’s average.
- The government cites economic progress with increased employment, household income, and eased inflation but reports a $218 million deficit due to reduced oil revenues.
- Population growth and low unemployment highlight economic resilience amidst fiscal challenges.
Newfoundland and Labrador’s Successes Overshadowed by Rising Debt Concerns
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