Coronavirus poverty economics Coronavirus

N.L. can’t solve economic crisis without addressing poverty: advocates

Federal government offers debt relief for N.L.’s troubled Muskrat Falls project In an interview, Pawson said provincial social support systems were designed decades ago to suit a labour market that has long since changed, and he worries that without representation from the anti-poverty sector on the recovery task force, no one will advocate for a new approach.With a population of just over 520,000, Newfoundland and Labrador faces a $1.84-billion deficit and a $16.4-billion net debt, and Furey assembled the task force to review the province’s finances and map out its economic future.Pawson says better social services, like an income support system with less red tape and surveillance of its users, coupled with a higher minimum wage, will.

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