Locke - Appraisal Institute of Canada
Locke - Appraisal Institute of Canada
Locke - Appraisal Institute of Canada
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Fiscal Circumstances• Should have a period <strong>of</strong> 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 <strong>of</strong>f debt completely• Get debt to manageable/sustainable level $5B