Posted Mar 5, 2015, 8:09 PM
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Registered User
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Join Date: Jan 2010
Location: St. John's
Posts: 3,816
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Quote:
Privatizing some public services on the table for budget: Paul Davis
Newfoundland and Labrador Premier Paul Davis says he's considering privatizing some services in the upcoming budget, amid a predicted deficit of $1.5 billion.
A continued slump in oil prices means the province will experience revenue shortfalls for the coming fiscal year.
Davis said Thursday the province's financial challenges are short term, but he is considering increasing the role of private sector in delivering some services.
In areas like long-term care, Davis said the private sector already plays a significant role — a role he says could be increased to help save the province money.
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http://www.cbc.ca/news/canada/newfoundla...he-table-for-budget-paul-davis-1.2983139
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