In 2023/24, the province will spend roughly $1.1 billion on debt interest.
newfoundland & labrador economy
March 16, 2024
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January 5, 2024
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According to polling results, the majority of Atlantic Canadians believe the top income tax rate shouldn’t be over 50 per cent.
November 10, 2023
9:34AM
The province’s oil and gas sector produces a significant amount of revenue for the government.
September 15, 2023
11:14AM
Residents of the province face the highest provincial government debt interest costs in the country.
March 21, 2023
8:00AM
The province's debt is on track to grow faster than its economy.
February 16, 2023
2:30AM
Paying a premium for labour puts a burden on taxpayers and the province’s books.
January 17, 2023
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November 3, 2022
10:00AM
According to Alaska’s constitution, the state government must deposit 25 per cent of all mineral revenues into its fund each year.
October 27, 2022
6:00AM
Total government revenue is expected to be $1.3 billion higher than projected in the province's budget.