{"id":955654,"date":"2026-11-02T15:58:17","date_gmt":"2026-11-02T15:58:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/955654\/"},"modified":"2026-11-02T15:58:17","modified_gmt":"2026-11-02T15:58:17","slug":"think-tank-says-nl-needs-to-control-spending-going-forward","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/955654\/","title":{"rendered":"Think Tank says NL Needs to Control Spending Going Forward"},"content":{"rendered":"<p>\t\t\t\t&#13;<\/p>\n<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/11\/flags-canada-newfoundland-labrador.jpg\" class=\"header-image\" alt=\"Think Tank says NL Needs to Control Spending Going Forward\"\/><\/p>\n<p class=\"wp-caption-text\">(VOCM News)<\/p>\n<p>A <a href=\"https:\/\/www.iedm.org\/a-fiscal-scorecard-for-canadas-provinces\/\" rel=\"nofollow noopener\" target=\"_blank\">Quebec-based think tank <\/a>says Newfoundland and Labrador has had a difficult decade, but the years ahead will be even harder.<\/p>\n<p>The Montreal Economic Institute (MEI) says Newfoundland and Labrador\u2019s debt-to-GDP increased by 14 percent between 2015 and 2024.<\/p>\n<p>It says the debt-to-GDP ratio will increase by 1.5 percentage points each year for the next 25 years, saying it would be difficult to curb the trend using economic growth on its own.<\/p>\n<p>Report author Trevor Tombe says the province will need to find a better way to control spending and improve public-service efficiency going forward.<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; (VOCM News) A Quebec-based think tank says Newfoundland and Labrador has had a difficult decade, but the&hellip;\n","protected":false},"author":2,"featured_media":955655,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,269876,185074,269873,269875,269877,269874,269870,269871,269872],"class_list":["post-955654","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy","tag-listen-to-vocm","tag-news-radio","tag-news-radio-st-johns","tag-st-johns-fm-radio","tag-st-johns-local-radio","tag-st-johns-radio-station","tag-vocm","tag-vocm-590","tag-vocm-radio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/955654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=955654"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/955654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/955655"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=955654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=955654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=955654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}