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Newfoundland's outgoing premier unveils a $372M deficit budget amid economic and healthcare challenges.
Newfoundland and Labrador is releasing its final budget under Premier Andrew Furey, who is stepping down to return to medicine.
The budget forecasts a $372 million deficit, with a $200 million contingency fund to counter potential impacts from U.S. tariffs.
The province faces challenges in healthcare recruitment, high poverty, and food insecurity rates.
Despite reducing the deficit from $1.6 billion to $433 million, the province's net debt is $17.7 billion.
The budget allocates significant funds for education and healthcare, including hiring 400 new teachers and expanding healthcare services.
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El premier saliente de Terranova presenta un presupuesto de déficit de $372M en medio de desafíos económicos y sanitarios.