In speaking about Covid-19, Klaus Schwab, the creator of the World Economic Forum said “the pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world to create a healthier, more equitable, and more prosperous future.”
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“The Big Reset” means higher taxes and less services for Newfoundlanders
Detailed in the report from Premier Andrew Furey’s Economic Recovery Team report is an extensive list of recommendations to reduce the debt load of the province and many of the solutions mean higher taxes for Newfoundlanders. “The most urgent task assigned by the Premier was to review the financial state of the province and recommend actions to improve the fiscal situation.”
