Locke - Appraisal Institute of Canada

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14.00%12.00%10.00%8.00%6.00%4.00%2.00%0.00%NL’s Share of EqualizationEntitlements – 1957-200819571959196119631965196719691971197319751977197919811983198519871989199119931995199719992001200320052007
Fiscal Circumstances• Should have a period of prolonged surpluses• All the financial indicators going in the rightdirection• NL is in line for credit rating upgrade• With anticipate revenues coming to theprovince in the medium term, it is possible, butnot desirable, to pay off debt completely• Get debt to manageable/sustainable level $5B
Page 1 and 2: The Role of Oil and Gas inTransform
Page 3 and 4: 7006005004003002001000NL Population
Page 5 and 6: DEMOGRAPHICS• Population declinin
Page 7 and 8: $14$12$10$8$6$4$2$0NL Provincial De
Page 9 and 10: Debt Expenses as a Percent of Reven
Page 11: NL Equalization Entitlements -1957-
Page 15 and 16: GDP Per Capita NL and Canada$70,000
Page 17 and 18: Personal Income Per Capita NLRelati
Page 19 and 20: Unemployment Rate Canada and NL2520
Page 21 and 22: 2,5002,0001,5001,0005000Housing Sta
Page 23 and 24: 20016012080400New Housing Price Ind
Page 25 and 26: Vacancy Rates for Class A (Downtown
Page 27 and 28: Other economic indicators• All of
Page 29 and 30: Vic Young Royal CommissionOil and G
Page 31 and 32: Comparison of Government Revenue$10
Page 33 and 34: NL Equalization Entitlements:1957-2
Page 35 and 36: Oil and Gas and the Future• Huge

Locke - Appraisal Institute of Canada

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