Current Newfoundland and Labrador Net Debt
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#HelpStopTheClock

 

CHANGE THE CONVERSATION

  • Be part of the solution
  • Government needs your support to #HelpStopTheClock
  • Support your MHA in stopping the clock.
    • Ask them to meet their financial targets
    • Encourage them to be innovative in their solutions to achieve better outcomes for our province
  • Visit the St. John’s Board of Trade and sign the #HelpStopTheClock Banner

WHY?

  • We can’t afford to wait.
  • Tough decisions will have to be made and we all have to be part of the solution.
  • 40% – Per capita expenses in Newfoundland and Labrador are the highest in Canada, approximately 40 per cent higher than all other provinces.
  • $24,000 and counting: Each Newfoundlander and Labradorian’s share of the net provincial debt.
  • $2.2 billion: Our provincial deficit for the 2015-16 fiscal year.
  • $12.7 billion: Our total net debt of March 31, 2016 – the highest level of net debt in the Province’s history.

 

IF WE CONTINUE TO DO NOTHING

  • We will not have money to invest in our aging infrastructure such as roads, bridges, and hospitals.
  • Governments will not be able to create and foster an environment that helps our province, our people and our businesses succeed.

 

MORE INFORMATION