Cash-strapped GNWT to ask Ottawa to raise $1.8B debt limit
Natural disasters, strained health-care system, have pummelled territory's finances, says Finance Minister Caroline Wawzonek
As drought conditions and wildfires have dried up the territory’s finances, the GNWT will now ask Ottawa to raise the debt level cap beyond the current $1.8 billion borrowing limit, says Finance Minister Carolyn Wawzonek. In an update to the Assembly on Friday, Wawzonek noted Marine Transportation Services, the Northwest…
