TORONTO—A new bounty from the sea is turning Newfoundland from one of the poorest parts of Canada into a budding petrostate off the coast of North America.
The booming oil business has helped lift personal income sharply and brought new construction and luxury goods to the once rundown provincial capital of St. John’s. But it has come with less-welcome side effects, including soaring home prices, higher crime rates and wage pressures…
View original post here: In Canada, Oil Boom Falls Short for Some
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