newfoundland & labrador economy

2:30AM
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Newfoundland and Labrador government unlikely to reduce tax rates despite taxpayer wishes

According to polling results, the majority of Atlantic Canadians believe the top income tax rate shouldn’t be over 50 per cent.


11:14AM
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Newfoundland and Labrador government must restrain spending to avoid debt crisis

Residents of the province face the highest provincial government debt interest costs in the country.


2:30AM
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Newfoundland and Labrador government should review government wage bill

Paying a premium for labour puts a burden on taxpayers and the province’s books.


10:00AM
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Newfoundland and Labrador’s ‘Future Fund’ needs robust fiscal rules

According to Alaska’s constitution, the state government must deposit 25 per cent of all mineral revenues into its fund each year.


6:00AM
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Despite surplus, Newfoundland and Labrador government must rein in spending

Total government revenue is expected to be $1.3 billion higher than projected in the province's budget.