Incoming premier of Newfoundland and Labrador wants to tackle debt

The Canadian Press
May 2, 2014 10:51 AM

ST. JOHN'S, N.L. - The incoming leader of Newfoundland and Labrador's governing Progressive Conservative party says tackling the province's debt will be his priority when he becomes premier.

Frank Coleman says unless more is done to stimulate the economy, the $9-billion debt will continue to grow.

Coleman says he plans to be sworn in as premier in July after his leadership is confirmed at a Tory convention in July and he wants to contest a byelection in the fall.

The Corner Brook businessman is the sole candidate in the leadership race for the Progressive Conservatives.

The current premier, Tom Marshall, has indicated he plans to step down as the member of the legislature for Humber East, which would give Coleman the opportunity to contest the seat.


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