Lori Lee Oates, above, says Newfoundland and Labrador's debt-to-GDP ratio has become unsustainable. (Nicholas Hillier Photography/Submitted by Lori Lee Oates)This column is an opinion by Lori Lee Oates, a lecturer at Memorial University and a member of the Podco political podcast. Newfoundland and Labrador is one of many provinces that sought financial support from the federal government since the COVID-19 recession began in March. This latest financial crisis has raised the question among commentators as to whether Newfoundland and Labrador is capable of governing itself and managing our own finances? For the rest of us, wages simply have not kept pace with the cost of living, writes Lori Lee Oates.

Source: CBC News September 12, 2020 09:22 UTC