Newfoundland and Labrador Looking to European Markets to Better Finance Its Debt

Newfoundland and Labrador Premier Andrew Furey holds a press conference in the Confederation Building in St. John's on Feb. 22, 2023. The Canadian Press/Paul Daly

The Newfoundland and Labrador government is looking to European markets to better finance its debt.

The province has been listed with the London Stock Exchange for up to 1 billion euros in bonds, in hopes of attracting lower interest rates.