The Canadian Taxpayers Federation is continuing its calls for a fiscally responsible approach after Morningstar DBRS warned of a climbing deficit in this province.

Earlier this week, the bond rating agency said the most recent provincial budget projected a return to balance by 2026-27; however, that “may be difficult to achieve” considering PC campaign promises.

Devin Drover with the federation is calling on Tony Wakeham to shrink his political cabinet, slash spending and trim political staff.

He says Newfoundland and Labrador has the highest debt burden in the country, per capita.

Currently, the deficit is sitting at $626-million, including money from a tobacco settlement, which, ahead of the election, had to make its way to the public purse.