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Showing posts with label public debt. Show all posts
Showing posts with label public debt. Show all posts
27 July 2020

Dwight and Tom's legacy: more of the same #nlpoli

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Herb Kitchen died last week. He was the minister of finance in the early 1990s who brought down the difficult budgets, starting in 1991 t...
27 March 2020

Facing the financial wall, again #nlpoli

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Newfoundland and Labrador Hydro makes money by making and selling electricity. In 2018, the last year for which we have statistics,   Hy...
24 March 2020

Bank of Canada to help GNL make payroll #nlpoli

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Bank of Canada 234 Wellington St, Ottawa The Bank of Canada announced today that it will purchase up to 40% of money market securities...
15 September 2016

Prov gov finances headed south #nlpoli

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The Government of Newfoundland and Labrador is offering its bonds on the American market, according to Bloomberg News .  VOCM reported it lo...
08 June 2016

The Fan Klub, Churchill, and taxes - update

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As the provincial Conservatives and New Democrats filibuster the levy bill in the House of Assembly that Winston Churchill quote about taxes...
14 April 2016

The Incrementalists #nlpoli

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Today is budget day. There's been lots of speculation flying around, most of it a confirmation that people have little real informatio...
18 March 2016

Record deficit in 2015-16 #nlpoli

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The deficit for 2015 will be a record. We know that because of comments at the House of Assembly by Premier Dwight Ball and finance minist...
26 February 2016

Things are THAT bad #nlpoli

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David Thompson is an independent economist in the same way that Jerry Earle and Wayne Lucas are independent human resource consultants. Bu...
17 February 2016

If we dither, we die. #nlpoli

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by Chuck Furey ________________ "Indecision becomes decision with time" someone once said. The current fiscal nightmare in N...
10 February 2016

Politicians and Public Debt #nlpoli

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Remember the debt clock? Finance minister Tom Marshall went around the province during that year’s budget consultation – now “rebranded” a...
01 February 2016

Newfoundland government finance, 1832 to 1949 #nlpoli

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Before Newfoundlanders stopped governing themselves in the early winter of 1934, they’d run a sometimes arduous course. Newfoundland gaine...
20 January 2016

Will DBRS re-do its rating for Newfoundland and Labrador? #nlpoli

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Premier Paul Davis was proud of the fact that a bond rating agency had confirmed the province's credit rating. Curiously, he never tol...
06 January 2016

Let's hear it for the Fraser Institute geniuses #nlpoli

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A year after Kathy Dunderdale left office, the Fraser Institute said she was one of the best fiscal managers of all the Premiers in Canada....
05 January 2016

Metrics #nlpoli

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Telegram editor Russell Wangersky tried on Monday to put the government’s financial mess into some shape that people could understand. Th...
04 January 2016

The Bridge to Ottawa #nlpoli

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Premier Dwight Ball said everything is on the table to deal with the massive financial problem facing his administration. And then, in a s...
13 August 2015

Essence #nlpoli

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The Telegram has been running a series this week on the number of communities in the province where people can’t drink the water supplied b...
17 October 2014

Double-down Locke #nlpoli

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“I didn’t see this coming,”  Memorial University economist Wade Locke told the Telegram’s James McLeod the other day. Locke was talking abo...
07 October 2014

The Vision Thing #nlpoli

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The St. John’s Board of Trade is about the only business advocacy group in the world that doesn’t actually believe in free enterprise. The...
19 August 2014

Conservative Misinformation and the Public Sector Debt Problem #nlpoli

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There is no limit to how selectively provincial Conservatives will read a document in order to find some microscopic filament that might pos...
28 March 2014

The Whizzo Quality Assortment #nlpoli

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On the outside, the spring budget for 2014 looks like a delicious assortment of goodies for everyone.  You can tell it is delectable because...